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Showing 11 - 20 of 1011 results for "Taxation"

OECD recommends NZ overhaul pension system

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
... the KiwiSaver account are also taxed. However, drawdowns are not taxed. The OECD has suggested New Zealand align its taxation of retirement savings to other nations and not taxing the money on the way in or while it's in the account. This would help ...

Unpaid super costs workers $24.4bn: SMC

VINNY VUCAGO  |  MONDAY, 4 MAY 2026
... system. The change is expected to improve transparency and make it easier to detect underpayments early. The Australian Taxation Office is expected to take a transitional approach to enforcement in the first year, focusing on supporting employers adjusting ...

Treasury consults to align company minimum tax

MATTHEW WAI  |  MONDAY, 4 MAY 2026
Treasury is currently seeking feedback in making several changes in the Taxation (Multinational-Global and Domestic Minimum Tax) Act 2024, as it aims to be consistent with the rules from the Organisation for Economic Co-operation and Development (OECD). ...

Generation Life reports cyber attack

KARREN VERGARA  |  TUESDAY, 28 APR 2026
... "During the quarter, Division 296 legislation received Royal Assent and became law, representing a structural shift in the taxation of superannuation balances above $3 million," GDG chief executive Grant Hackett said. "This is expected to further accelerate ...

Treasury's proposal adds flexibility for new advisers: FAAA

MATTHEW WAI  |  WEDNESDAY, 22 APR 2026
... administrative burden between advisers and super funds. "Financial advisers are recognised in the law as providers of taxation advice (Qualified Tax Relevant Providers) and therefore it is appropriate that they have access to client tax and superannuation ...

Foreign resident CGT rules up for consultation

KARREN VERGARA  |  MONDAY, 13 APR 2026
... foreign resident disposes non-IARPI membership interests valued at $50 million or more, they may notify the Australian Taxation Office in the approved form and provide a vendor declaration to the purchaser confirming that they are exempt from withholding ...

Div 296 requires fixing before finalisation: Industry

MATTHEW WAI  |  THURSDAY, 9 APR 2026
... unfair outcomes. The bill passed the Parliament last month, and was followed by a consultation to seek feedback on the taxation regulation for Division 296. Contributing to the consultation, the Institute of Financial Professionals Australia (IFPA) said ...

TPB consults on AI usage rules

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
... Property Holdings and Wirra Wirra Vineyards. David Bradbury was also appointed as part-time chair and member of the Board of Taxation. Bradbury is currently a partner in the consulting division at KPMG Australia and honorary professor of taxation and ...

Law blocking abusers from hiding assets in super enters parliament

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2026
... deliberately shield assets from compensation are eligible." Victim-survivors will be able to apply to the Australian Taxation Office (ATO), with appropriate safeguards, to identify any potential eligible superannuation prior to seeking access. Should ...

Treasury opens Div 296 tax regulation consultation

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
Treasury has laid out its proposed taxation regulations surrounding the new Division 296 superannuation tax and is seeking industry feedback. In its next step since the passage of the Treasury Laws Amendment (Building a Stronger and Fairer Super System) ...