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Showing 291 - 300 of 408 results for "Australian Taxation Office"

SMSF regulation to remain 'light touch': Sinodinos

JAMES FERNYHOUGH  |  THURSDAY, 28 NOV 2013
... Arthur Sinodinos. The speedy growth of the SMSF sector has led some commentators to question whether the Australian Taxation Office is the right body to regulate this unique, complex sector. But Sinodinos expressed no interest in changing regulatory ...

La Trobe launches SMSF loan product

MARK SMITH  |  MONDAY, 11 NOV 2013
... borrowing within SMSFs had become 'excessive', and the use of such products has only grown since then. The Australian Taxation Office also voiced concerns 12 months ago that many SMSFs' borrowing arrangements were outside of the rules. Most recently ...

Sinodinos aims at "fixing the messes" inherited from Labor

LAURA MILLAN  |  WEDNESDAY, 9 OCT 2013
... financial services and superannuation." The Senator said that he has met with the Treasury and the Australian Taxation Office "to map out an approach to simplify and create efficient and cost-effective regulation of business, not-for-profits and other ...

75,000 SMSFs non-compliant: ATO

LAURA MILLAN  |  TUESDAY, 8 OCT 2013
The Australian Taxation Office has admitted that as many as 75,000 SMSFs totaling assets up to $50 billion could be breaking the rules, leading some in the industry to suggest that the sector should be subject to tighter regulation. Last month Australian ...

ATO unsure if dividend washing illegal

ALEX DUNNIN  |  FRIDAY, 4 OCT 2013
The Australian Taxation Office (ATO) is warning people to be cautious when using share trading transactions known as dividend washing but is unsure if they are illegal. Dividend washing occurs when a taxpayer sells shares in a company on the ordinary ...

ASMA dismisses SMSF property bubble fears

MARK SMITH  |  MONDAY, 30 SEP 2013
... their SMSF. In comparison, 64% invested in Australian shares. "ASMA's report and recent data from the Australian Taxation Office reveal that comparatively few SMSF trustees are going into property. In fact, residential property investments by SMSFs have ...

Abbott sticks to his promise on SMSF regulation

LAURA MILLAN  |  FRIDAY, 27 SEP 2013
... that we have a good superannuation system, that's not to say that it can't be further improved." The Australian Taxation Office (ATO) assistant deputy commissioner for Superannuation Stuart Forsyth also jumped into the discussion and added that ATO figures ...

Australian giving grows by $248 million

MARK SMITH  |  FRIDAY, 27 SEP 2013
... individual tax returns to Deductible Gifts Recipients from 1 July 2010 to 30 June 2011, extracted from the Australian Taxation Office's publication Taxation Statistics 2010-11. The Charities Aid Foundation's 2012 World Giving Index has also ranked Australia ...

Accountant gets 6 years jail for promoting tax avoidance scheme

MARK SMITH  |  TUESDAY, 24 SEP 2013
... community. This is particularly so given your position of responsibility and trust in the community." Australian Taxation Office (ATO) Second Commissioner Bruce Quigley said the sentencing sends a clear warning to those who market tax exploitation schemes. ...

ATO launches superannuation video comp

ALEX DUNNIN  |  WEDNESDAY, 21 AUG 2013
The Australian Taxation Office (ATO) has launched its annual video competition and this year the theme is superannuation engagement for young people. The ATO has also opened the video competition to any student from any Australian tertiary or vocational ...