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Showing 271 - 280 of 408 results for "Australian Taxation Office"

Thinktank launches LRBA loan service

JAMES FERNYHOUGH  |  WEDNESDAY, 2 APR 2014
... years, with opponents arguing they were fuelling a property bubble. However, statistics released by the Australian Taxation Office in January suggested these fears were overblown.

ATO takes over SME super clearing house

MARK SMITH  |  WEDNESDAY, 2 APR 2014
The Australian Taxation Office (ATO) has taken over responsibility from the Department of Human Services for the Small Business Superannuation Clearing House. This move is part of the government's commitment to streamline processes and it believes the ...

ATO issues warning ahead of tax haven crackdown

STAFF WRITER  |  FRIDAY, 28 MAR 2014
The Australian Taxation Office (ATO) is urging all taxpayers with offshore assets to declare their interests, ahead of a global crackdown on international tax havens. The ATO's offshore voluntary disclosure initiative, 'Project DO IT: disclose offshore ...

ATO initiative raises $640 million from wealthy Australians

MARK SMITH  |  WEDNESDAY, 26 MAR 2014
The Australian Taxation Office (ATO)'s voluntary compliance initiative has exceeded expectations, raising $640 million from wealthy Australians since it was launched four years ago. Following the success of the scheme the ATO announced it has received ...

SMSFs still under-invested in global shares

MARK SMITH  |  MONDAY, 24 MAR 2014
... Marcus Tuck. While allocations have increased slightly, the latest figures for September 2013 from the Australian Taxation Office (ATO) reveal that overseas equities account for just 0.4% of the total capital invested in SMSFs. "There are many exceptional ...

Parliament passes more nuanced SMSF penalties

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
New laws have been passed giving the Australian Taxation Office (ATO) more varied powers to penalise self-managed superannuation funds (SMSFs) that fail to comply. Previously the ATO had limited options in dealing with non-compliant SMSF trustees, often ...

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 ...

New laws target promoters of early release schemes

JAMES FERNYHOUGH  |  FRIDAY, 7 MAR 2014
... the community", taking commissions of up to 50 per cent of the member's superannuation balance. The Australian Taxation Office said that in the 2011-12 financial year it prevented 298 funds from entering the system and removed 427 existing funds where ...

Sinodinos announces SuperStream governance structure

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
The government has announced that the Australian Taxation Office (ATO) will have stewardship of the SuperStream gateway network for the next two years, in a move it says will provide "certainty and stability" for the superannuation industry. During ...

ATO doing a good job on SMSFs: Cooper

JAMES FERNYHOUGH  |  FRIDAY, 21 FEB 2014
The Australian Taxation Office (ATO) is rising to the challenge of efficiently regulating the self-managed superannuation sector, according to Challenger's chairman of retirement income Jeremy Cooper. Cooper said that, contrary to perceptions that it ...