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Showing 271 - 280 of 1013 results for "Taxation"

Tax impacting super fund investment strategies: Research

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
New research from Parametric Australia suggests the taxation system is negatively impacting super funds' long horizon approach to investing. The research, titled Unlocked: A Framework for Superannuation Equity Portfolio Evolution in a Taxable Environment ...

Another sentenced in ATO fraud

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... Operation Elbrus, which commenced in 2016 and was led by the Australian Federal Police (AFP) and assisted by the Australian Taxation Office (ATO). It involved pay-as-you-go withholding tax and goods and services tax fraud. Anquetil was one of the founders ...

Corporate super plan appoints chair

KANIKA SOOD  |  MONDAY, 27 JUL 2020
... of a fellow director he was "an inspiration to us all." Szondy has over 35 years of experience in superannuation and taxation. He was a senior partner with PricewaterhouseCoopers for over a decade. He currently chairs the board of asset consultant Frontier ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... of our work and that remains true if you include that returns are lower." Coates is also betting on a deep dive into taxation on superannuation. "An area we think the review will certainly look at is, superannuation tax breaks. We saw in the consultation ...

Government announces $184bn deficit

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
... equivalent of 14.6% of GDP," they said. "This necessary and unprecedented level of economic support, coupled with declines in taxation receipts of $31.7 billion in 2019-20 and $63.9 billion in 2020-21, has significantly impacted the budget position." ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... was a 2017 investigation led by the Australian Federal Police (AFP), with significant assistance from the Australian Taxation Office (ATO), into a large-scale and organised tax fraud conspiracy. The investigation revealed a group of people that used ...

ATO can make cost of advice cheaper: Asher

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice. Asher added that retirement incomes could rise by 15% to 30% ...

Land tax, not stamp duty: Report

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
... property transactions. According to the report, at the height of the property boom in 2017-18, NSW raised almost 28% of taxation revenue from transfer duty before dropping by 14% the following year, showing volatility of revenue collections presents ...

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Australian Taxation Office's website crashed on the first day of the new financial year as Australians rushed to lodge tax returns and apply for the new round of ERS. The ATO said it was aware that a number of Australians trying to access its website ...

New requirements for SMSFs

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
The Australian Taxation Office has announced new accounting requirements for SMSFs, which will come into effect 1 July 2021. New accounting standard AASB 2020-2 has been released by the Australian Accounting Standards Board (AASB) and will come into ...