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Showing 11 - 20 of 903 results for "Taxation"

How advisers protect themselves from 'rogue' clients

KARREN VERGARA  |  FRIDAY, 23 FEB 2024
... and effective strategies, Bobbin said, that work for advisers. Another simple method is making use of the Australian Taxation Office's (ATO) "fantastic documents" and tools for advisers and SMSFs available in PDF format on its website. "Issue them to ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... [off] in super even with Division 296." But in terms of capital growth, what members will "hate about Div 296" is the taxation of unrealised gains. If an asset is increasing in value, Division 296 will bring forward the taxation point. "All of the [asset's] ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... additional disposable income to contribute more to super. Burgess told the SMSFA National Conference that the proposed 30% taxation on $3 million super balances could become law by June 30 this year. "The only questions that remains is whether the government's ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... Division 296 tax laws, calculating it will affect fewer than 80,000 Australians. "The new tax is a shocker - a doubling of taxation on Australians' retirement savings a regime that proposes a different approach for a farmer or a small business owner ...

ATO cracks down on illegal early SMSF access

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
The Australian Taxation Office is cracking down on illegal early access to SMSF money, particularly targeting new entrants to the sector who are the main culprits. New analysis from the tax office released at the SMSF Association National Conference ...

Bell Asset Management looks to exit RE services

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... responsible for the custody of assets, appointment and supervision of service providers, the provision of accounting, taxation and other services and reports, it explained. Bell Asset Management will remain as the investment manager of the funds, and ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... will also be able to learn more about major issues directly affecting SMSFs. Heffron said this includes the Australian Taxation Office's (ATO) focus on disqualifying people and illegal early release. "I'm hoping we don't see anything too ...

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... rates, significantly favour those with high incomes, in its Tax Expenditures and Insights Statement. As per the Australian Taxation Office's (ATO) latest statistics, there is a pronounced disparity in the distribution of tax benefits from superannuation ...

Generation Development Group nears $3bn

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... is strong and we continue to capitalise on the potential legislative tailwinds we receive emanating form the proposed taxation changed to superannuation for balanced above $3 million," he said. "Bond inflows for the past six months have increased by ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... accumulation of wealth alongside widespread global poverty. One of the best mechanisms we have to address this is progressive taxation." Oxfam said only governments have the power to rein in such inequality. It is calling for the scrapping of the stage-three ...