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Showing 281 - 290 of 1029 results for "Taxation"

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 ...

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 ...