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Showing 251 - 260 of 358 results for "Levy"

SG freeze to hit young and low income earners hardest

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
... depending on income." Prime Minister Tony Abbott defended his decision to freeze the SG on ABC's 7.30 last night, saying: "The SG levy comes out of workers' pockets, so by delaying the increase to that levy, we actually keep more money in workers' pockets. ...

FSC calls for new govt agency to grow industry overseas

MARK SMITH  |  MONDAY, 1 SEP 2014
... should be partly government funded but have advisory representatives from industry. It could also be funded by an industry levy or from ASIC's budget if the regulator's mandate was widened to include international competiveness. The submission highlighted ...

Senate inquiry reccommends Royal Commission into CBA

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
... new framework, different levies should be imposed on the various regulated populations ASIC oversees, with the size of each levy related to the amount of ASIC's resources allocated to regulating each population," the document said. An office of the whistleblower ...

Parliament passes temporary tax levy

AAP  |  TUESDAY, 17 JUN 2014
... will pay more tax after parliament approved the coalition government's first budget measure. The temporary budget repair levy increases the top income tax rate, which applies to any income earned over $180,000, from 45 per cent to 47 per cent from July ...

High earners to pay more tax soon

AAP  |  MONDAY, 16 JUN 2014
... $380,000, the extra tax amounts to about $3800. The tax laws amendment package passed the lower house in May. The deficit levy represented the government's "double standards" and unfair budget, she told parliament.

Macquarie admits "unresolved matters" with ATO

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
Macquarie Group has admitted it has "unresolved matters" with the Australian Tax Office (ATO), but it considers it holds "appropriate provisions" in those. The group reacted to information published by Fairfax Media, which revealed a full-scale audit ...

Low income retirees to feel budget pain

JAMES FERNYHOUGH  |  THURSDAY, 15 MAY 2014
... pressure on super funds to develop more efficient retirement income products. Vamos also warned super funds that the deficit levy would mean the marginal tax rate would rise by 2%. This, she said, could affect people regardless of their income. "Those ...

Govt needs six votes to pass pension changes

JAMES FERNYHOUGH  |  THURSDAY, 15 MAY 2014
... has the support of the Liberal Democratic Party and Family First. It is understood that Labor will support the 2% deficit levy on people with incomes above $180,000.

Budget forces advisers to rethink tax, retirement strategies

LAURA MILLAN  |  TUESDAY, 13 MAY 2014
... how they can retire," the FPA general manager of policy and government relations Dante De Gori told Financial Standard. The levy on high income earners will also be a factor to take into account in the next two years. AFA chief executive Brad Fox said ...

Budget speech 2014 -15

... Budget. From 1 July this year and for just three years, we are asking higher-income earners to pay a Temporary Budget Repair Levy that in effect increases the top marginal tax rate by two percentage points, for people earning more than $180,000 a year. ...