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Showing 11 - 20 of 53 results for "Personal Tax"

Clive Palmer ramps up calls for Shipton's head

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... and national newspapers with the copy: "Shifty Shipton gets $855,364 p.a. yet expects you to pay $118,000 for his personal tax advice!" It is just the latest in a string of calls from Palmer for Shipton to resign completely following the revelations ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... were three procurements of tax advice from KPMG made by ASIC. These appear to have each been for Shipton to receive personal tax advice. Each procurement had a value of $25,000, bringing the total tax bill for Shipton to $75,000. Hehir acknowledged issues ...

Through good and bad: Advisers add value

JAMIE WILLIAMSON  |  THURSDAY, 15 OCT 2020
... understanding of the client needs, but also knowledge of new innovative investment solutions that can help manage personal tax circumstances - such as managed account solutions." Other factors that contribute to the 10-year added value include appropriate ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... include car parking and electronic devices provided to employees. The government has brought forward $17.8 billion of personal tax cuts to over 11 million individuals and backdated them to July 1. The stage two tax cuts increases the low income tax offset ...

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
Rice Warner founder Michael Rice has warned the superannuation industry to prepare for the government using the system as a means of repaying its stimulus debt, saying super won't be as sacred as it has been in the past. Rice has warned the superannuation ...

Chief executive banned for paying wife

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... Financial Conduct Authority and Prudential Regulation Authority after he paid his wife close to $400,000 to reduce his personal tax liability. Stuart Forsyth was chief executive of Scottish Boatowners Mutual Insurance Association and paid his wife more ...

350 tax practitioners under investigation

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
... practitioners are currently under investigation for high risk behaviour. Those high risk behaviours include failing to meet personal tax obligations, over-claiming work-related expenses on behalf of clients, egregious conduct which is considered black ...

Grattan SG claims slammed by industry bodies

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... would lead to a 2.5% wage increase which would flow through to individuals in full. "In reality, the increase in personal tax, withdrawal of family tax benefits and child-care subsidies would erode most of the increase, leaving people no better off in ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... contributions up to the concessional contributions cap of $25 000 each financial year - and claim the amount as a personal tax deduction on their tax return. Prior to 1 July 2017 this rule only applied to the self-employed and people who earned less ...

Industry welcomes tax cuts and surplus

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Personal tax cuts and the $7.1 billion estimated surplus announced were the main highlights of this year's Budget, Financial Standard 's latest straw poll shows. More than a third or 35% of participants highly favoured the tax cut proposals ...