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Showing 271 - 280 of 287 results for "Tax concessions"

DIY fund insurance more tax effective

MICHAEL HOBBS  |  TUESDAY, 28 AUG 2007
... after-tax dollars outside of super." He explained having different types of insurance in a SMSF provides various tax concessions as premiums paid for these types of policies are fully tax deductible, whereas most insurance policies held outside of superannuation ...

Member TFNs now law but problems persist

ALEX DUNNIN  |  MONDAY, 2 JUL 2007
Fund members not wanting to lose their superannuation tax concessions are, since 1 July, required to supply their Tax File Number (TFN) to their fund, but that doesn't mean concerns about how the legislation operates have subsided. Josel Ginsburg, a ...

Simpler super needs complex planning

ALEX DUNNIN  |  THURSDAY, 19 APR 2007
... Financial services, said, "There's a lot of work to do between now and 1 July to amalgamate super accounts to get the tax concessions." Anderson said to maximise the tax-free components you will need to amalgamate super fund accounts so the various contribution ...

Daily economic round-up

PETER BELL  |  FRIDAY, 13 APR 2007
... collected in 1978. The Australian Industry Group has renewed calls for the Federal Government to increase the tax concessions for R&D investment. The Ai Group has called for a benefit of up to 200 per cent which is an optimistic request given that the ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 28 MAR 2007
... Analysis of the major components within shows that the share by Business was dominated by 55 per cent going to tax concessions, within the Higher education the dominant component was the so-called Performance related block, within the Public sector it ...

Going nuts over macadamias

... Don Ross. As the scheme is already licensed, it will not be affected by the new legislation on MIS (where the tax concessions will no longer exist after July this year). The application fee will be 100 per cent tax deductible if the investor signs up ...

Budget super changes not for low budgets

... ground-shifting event once you get down to the numbers, given that the average Australian is already eligible for tax concessions. "Last year, we paid out over 5,000 benefits to people over 60 and only five of them paid tax. People are not aware that ...

Fight the ATO not Govt on MIS tax ruling: Costello

NICK OLIVER  |  WEDNESDAY, 14 FEB 2007
... tax-effective agricultural investment community that the Australian Tax Office's proposition to scrap the up-front tax concessions associated with non-forestry managed investment schemes (MIS) will cause havoc. Treasurer Peter Costello has defended the ...

Agribusiness cops a caning from ATO

HAMISH MADDEN  |  THURSDAY, 8 FEB 2007
... a business'." The new ATO stance effectively means that non-forestry agribusiness MIS will lose their current tax concessions. At this stage forestry investments will not be affected. The move comes after Minister for Agriculture, Fisheries and Forestry ...

Daily economic round-up

PETER BELL  |  TUESDAY, 30 JAN 2007
... a more consistent set of economic signals to be seen as truly recovered. In an announcement by the Opposition, tax concessions may be offered to foreign companies undertaking research and development activities in Australia. Pharmaceutical companies ...