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Showing 261 - 270 of 408 results for "Australian Taxation Office"

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... annuitisation, a policy which would affect SMSFs. SMSFs are currently regulated for tax purposes by the Australian Taxation Office (ATO). The report made no mention of making any changes to this. However, SMSF advisers and accountants are regulated by ...

ATO closing in on undisclosed offshore income

MARK SMITH  |  MONDAY, 30 JUN 2014
The Australian Taxation Office (ATO) is mining data to track down people with undisclosed offshore income and assets. The ATO is examining information from a range of sources including: data from overseas tax authorities on Australians with offshore ...

SMSF members getting younger

MARK SMITH  |  TUESDAY, 24 JUN 2014
More than six in 10 self-managed super fund (SMSF) members are aged between 34 and 54 as Australian Taxation Office (ATO) data shows members are getting younger. According to the latest Trends in SMSFS report from CoreData, the age distribution of members ...

Investors find opportunity in SMSF conservative approach

LAURA MILLAN  |  WEDNESDAY, 11 JUN 2014
... selling them to less risk tolerant investors like Selfies in the future," researchers said. Quoting Australian Taxation Office (ATO) research from March 2014, Credit Suisse concluded that SMSFs currently own 16.1% of the Australian equity market, either ...

Firms urged to get ready for SuperStream

AAP  |  TUESDAY, 10 JUN 2014
The Australian Taxation Office (ATO) is urging businesses to get ready for a new, simpler system to pay their staff's superannuation contributions. From July 1, businesses can opt in to use SuperStream, an electronic payments system that treats all ...

Van Eyk adds SMAs to research platform

MARK SMITH  |  THURSDAY, 5 JUN 2014
... (SMSF) sector and an openness by advisers to hold investments "off platform". Citing a report by the Australian Taxation Office which showed over 60% of SMSF assets were held in direct shares and cash as at the end of 2013, Thomas said SMSF trustees ...

Cuts to ASIC and ATO push industry to self-regulation

LAURA MILLAN  |  WEDNESDAY, 14 MAY 2014
Budget cuts to the Australian Securities and Investments Commission (ASIC) and the Australian Taxation Office (ATO) will force the industry to rely more on self-regulation. The budget is contemplating cuts of $142.8 million over the next three years ...

FEATURE: Managing SMSF growth

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
... including property and alternatives. Their only limitation is the trustee limit of four people. The Australian Taxation Office (ATO)'s figures from December 2013 show that there are currently 508,330 SMSFs in Australia, holding as much as $543.3 billion ...

Australia signs FATCA agreement with US

MARK SMITH  |  TUESDAY, 29 APR 2014
... Australian financial institutions to collect and report FATCA information from investors and report to the Australian Taxation Office, who will collate and pass this information through to the IRS. BNP Paribas, one of the largest providers of administration ...

Viable SMSF size underestimated

MARK SMITH  |  MONDAY, 7 APR 2014
... point at which SMSFs costs match those of pooled superannuation funds. However, Rainmaker analysis of Australian Taxation Office (ATO) performance data suggests that there is a significant scale effect associated with fund returns which means the SMSFs ...