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Showing 311 - 320 of 959 results for "ATO"

ERS payments approach $30bn mark

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
... members have taken an average of 3.2 business days after receipt by funds of the application from the Australian Tax Office (ATO) and 96.2% have been made within five business days. The county's largest fund, AustralianSuper, has made the most payments ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... investigation led by the Australian Federal Police (AFP), with significant assistance from the Australian Taxation Office (ATO), into a large-scale and organised tax fraud conspiracy. The investigation revealed a group of people that used payroll services ...

ATO extends WFH deductions

ALLY SELBY  |  MONDAY, 13 JUL 2020
Australians will be able to claim 80 cents for every hour they worked at home due to COVID-19, with the ATO extending the simplified tax deduction method until September 30. Taxpayers will only be required to keep a record of the hours they worked from ...

ATO can make cost of advice cheaper: Asher

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice. Asher added that retirement incomes could rise by 15% to 30% if super ...

APRA warns of ERS second wave

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
... of applications as Australians rush to remove a further $10,000 from their super. This was foreshadowed last week when the ATO website crashed due to the number of Aussies logging on to complete their tax return and apply for the second round of ERS. ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... access a second sum. Eligible Australian and New Zealand citizens and permanent residents are able to apply online through the ATO to access up to $10,000 of their superannuation from 1 July 2020 until 24 September 2020.

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... the first day of the new financial year as Australians rushed to lodge tax returns and apply for the new round of ERS. The ATO said it was aware that a number of Australians trying to access its website to lodge returns or apply for the early release ...

New requirements for SMSFs

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... 2020-2 has been released by the Australian Accounting Standards Board (AASB) and will come into effect from 1 July 2021. The ATO said it will change the reporting requirements of certain for-profit private sector entities which will no longer be able ...

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
The Australian Taxation Office (ATO) said it is building on its significant efforts, zeroing in on fraud and schemes designed to take advantage of the government's COVID-19 stimulus package. This includes JobKeeper, early release of superannuation ...

ATO data heaps pressure on ASIC's SMSF fact sheet

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
New ATO data has brought ASIC's SMSF expense fact sheet under renewed pressure. Freshly released ATO figures show the median "operating expense" of SMSFs is $3923 a year, a stark contrast from data published by ASIC last year which stipulated the ...

Editor's Choice

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA
Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI
Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI
MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI
Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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