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Showing 11 - 20 of 20 results for "ATO for"

Billions withdrawn from super

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... their own state and territory law in regards to early release of super," the ATO said. "If an individual applies to the ATO for the release of an amount from an exempt public sector superannuation scheme (EPSSS), the ATO will process the application ...

Funds have five days to hand over cash: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
... 2020. Approval for early release will be decided by the ATO. So far, well over 600,000 Australians have applied to the ATO for early release. Early estimates from the government indicated 1.3 million people could be approved for early release. APRA asked ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... under $500,000, which is under $5000 per annum compared to the figure of almost $14,000 used by ASIC." He also slammed the ATO for frightening SMSF members. "The ATO also wrote to about 18,000 SMSFs encouraging them to review their investment strategy ...

ATO to crack down on SG non-payment

KRISTI CHENG  |  TUESDAY, 27 AUG 2019
... late payment of SG. After ATO contact, he said some 50% of these employers then lodged and paid the outstanding SG to the ATO for their employees. "We intend to expand this approach to those employers who haven't paid SG to their employees within ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... the integrity of superannuation tax system. The Bill will allow employees working for multiple employers to apply to the ATO for an exemption certificate for some of their employers, so that they don't breach the concessional cap on contributions. ...

Global Merces launches managed funds regtech

KARREN VERGARA  |  FRIDAY, 9 MAR 2018
... regulatory advisers in developing the software and pointed out that most legislation doesn't require wet signatures. The ATO for example uses voice-based identification, she said. Grofski added that version three of FUND.ID is being developed, this time ...

Senior ATO official tangled in $165m fraud scandal

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
... this point that he had any knowledge of the actual conspiracy and defrauding," Close said. Cranston has served at the ATO for more than 30 years and has actively worked to combat tax crime as a member of the Serious Financial Crime Taskforce. Cranston ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
Industry superannuation funds are blaming inadequate compliance measures by the Australian Taxation Office for the chronic underpayment of super contributions by employers. At a Senate inquiry in Melbourne today, Industry Super Australia (ISA) stated ...

PROFILE: Industry Super Australia chief economist Stephen Anthony

DARREN SNYDER  |  FRIDAY, 1 JUL 2016
... cadetship at the Australian Tax Office. He was one person they hired out of about 5000 applicants. After working at the ATO for a few years, Anthony commenced his PhD in economics at La Trobe and subsequently obtained a scholarship to do a Masters in ...

AvSuper revamps death insurance

RUTH LIEW  |  WEDNESDAY, 22 APR 2009
The $1 billion aviation industry super fund AvSuper has introduced anti-detriment provisions to members' death benefits. Launched at the start of this year, AvSuper announced anti-detriment provisions will now apply to the death benefits paid to a spouse ...
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