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Showing 261 - 270 of 1013 results for "Taxation"

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... from the end of September, while all others will receive $1200. The bill also amended tax secrecy provisions to allow a taxation officer to disclose information to another Australian government agency which relates to COVID-19. This will enable the ATO ...

Industry fund underpaid SG to staff

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... Catholic Superannuation and Retirement Fund underpaid SG to staff for about eight and a half years after the Australian Taxation Office updated its guidance, meaning the fund should have included annual leave loading payments paid in November each year ...

Pandemic heightened need for SG increase: ASFA

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... reinforcing public confidence in the retirement income system. "ASFA considers that given substantial changes to the taxation of superannuation and the provision of the Age Pension in recent years there should now be a period of consolidation to allow ...

ATO implements JobKeeper changes

ELIZA BAVIN  |  THURSDAY, 20 AUG 2020
The Australian Taxation Office (ATO) has implemented changes to the JobKeeper employee eligibility rules following the government's announcement the scheme would be altered. The changes mean employers already enrolled in JobKeeper may be able to receive ...

ASIC cracks down on 42 SMSF auditors

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... ensure they meet base standards of competency and expertise. SMSF auditors are regulated by both ASIC and the Australian Taxation Office, with the ATO monitoring conduct and subsequently referring matters to ASIC to investigate. ASIC then reviews whether ...

Iress posts mixed half year results

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... parties. The software enables messaging such as payments and rollovers between employers, super funds and the Australian Taxation Office. Iress chief executive Andrew Walsh said Iress' primary focus during the pandemic was to ensure the health and wellbeing ...

40% of ERS applicants not eligible: illion

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... an increase in their income of more than 10%." The research blamed the large number on the fact that the Australians Taxation Office (ATO) does not require any documentation to prove income loss during the application process. "The money was spent quickly ...

ATO announces SMSF age limit changes

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
The Australian Taxation Office (ATO) has confirmed changes to age limits on super contributions for SMSFs. The ATO the changes have been made as part of its Superannuation - improving flexibility for older Australians measure. Changes, which were effective ...

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
... retirement income product, the firm said it has received a private binding ruling from the ATO (that gives it an idea of the taxation) and is in talks with other regulators. Magellan Financial Group's NPAT for FY20 stood at $396.2 million, up 5% ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... to deliver on previously announced but not yet delivered funds management tax reforms, including those relating to the Taxation of Financial Arrangements, particularly foreign exchange hedging and the Investment Manager Regime, as well as an expansion ...