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Showing 261 - 270 of 353 results for "Levy"

SPAA calls for reduction in SMSF levy

JAMES FERNYHOUGH  |  MONDAY, 10 MAR 2014
The Australian Taxation Office's (ATOs) annual levy on self-managed superannuation funds (SMSFs) should be reduced in the May budget, according to the SMSF Professionals' Association of Australia (SPAA). SPAA's senior manager, technical and policy ...

Market Wrap AM

AAP  |  FRIDAY, 7 FEB 2014
... prospects, and have decided to look a little bit more at the bigger picture as far as overall economic strength," said David Levy of Kenjol Capital Management. Traders were looking ahead to the US Labor Department's monthly jobs report covering January ...

Coalition urged to rethink super slash costings

JAMES FERNYHOUGH  |  THURSDAY, 29 AUG 2013
... day before the election. The Coalition's costings also estimate revenue of $4.4 billion from the paid parental leave (PPL) levy. Hockey's spokesperson said this would not be mitigated by franking credit refunds, reiterating the Coalition's statement ...

Coalition to save $1.6bn via SG delay

AAP & ALICE URIBE  |  WEDNESDAY, 28 AUG 2013
... line closer to the September 7 election date. The remaining $3.3 billion cost will be more than offset by the 1.5 per cent levy on the country's 3000 largest companies, which will raise $4.4 billion.

Abbott's PPL scheme to hit Australia's charities

ALICE URIBE  |  FRIDAY, 23 AUG 2013
Federal treasurer Chris Bowen maintained his attack on the Coalition's proposed 1.5% levy on business that is intended to cover the paid parental leave (PPL) scheme, calling it "a retrograde step of quite enormous proportions." Speaking this morning ...

Abbott's PPL scheme to cost retirees $1.6 billion in hidden tax

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
... paid parental leave (PPL) scheme, it has emerged. The Coalition has said it will, in part, pay for the PPL through a 1.5% levy on business earnings of $5 million or more. In order to fill a shortfall in funding, the Coalition has said that this levy ...

Abbott to announce levy details next week

AAP  |  WEDNESDAY, 7 AUG 2013
... leader Tony Abbott admits proposed business tax cuts for some companies will be offset by the coalition's paid parental leave levy. But Abbott says most will still be better off. Abbott has confirmed a coalition government will cut the company tax rate ...

FSC denounces lost super threshold rise

JAMES FERNYHOUGH  |  MONDAY, 5 AUG 2013
... in a 'Superannuation Holdings Account', and remain available to the superannuant. As with the government's plan to put a levy on bank deposits, funds received through this new policy will boost the budget balance sheet. However, they will not actually ...

Market Wrap PM

AAP  |  FRIDAY, 2 AUG 2013
... going and get." The big four banks were all trading higher, after falling on Thursday amid speculation of a bank deposit levy. Commonwealth Bank was 52 cents higher to $73.64, NAB was 25 cents higher at $30.98, ANZ had gained 35.5 cents to $29.75, and ...

Bank levy upsets senior lobby

JAMES FERNYHOUGH  |  FRIDAY, 2 AUG 2013
Lobby group National Seniors Australia have criticised the government's plan to put a 0.05% levy on bank deposits in 2016, saying it will force pensioners into riskier investment alternatives. National Seniors Australia chief executive Michael O'Neill ...