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Showing 341 - 350 of 408 results for "Australian Taxation Office"

Tax strategies from ATO, Cavendish

ELISE BURGESS  |  FRIDAY, 17 JUN 2011
The Australian Taxation Office (ATO) has cautioned investors when creating a tax effective strategy, warning of the hidden consequences of new investment arrangements. The ATO has issued a new guide, Understanding tax effective investments, in a bid ...

Tougher controls for SMSF collectibles

ALEX DUNNIN  |  THURSDAY, 19 MAY 2011
... restrictions on the use of such collectibles than any tiny likelihood the fund will be reviewed by the Australian Taxation Office. Collectibles make up only 0.13 per cent of SMSF aggregrate assets, according to research by Rainmaker. Andrea Slattery ...

SMSFs avg balances hit $1m

ALEX DUNNIN  |  MONDAY, 28 MAR 2011
... is still driven by myths. An analysis the researcher conducted into SMSF figures available from the Australian Taxation Office and the superannuation regulator APRA revealed that the average fund is now near $1 million with an average member balance ...

Super heavyweights reach out to younger members

ELISE BURGESS  |  WEDNESDAY, 2 MAR 2011
The Australian Taxation Office (ATO) hosted a roundtable for superannuation heavyweights yesterday as it prepares for its sponsorship of Youth Week in April, aimed at engaging younger Australians and their super. Held yesterday, the forum involved representatives ...

Treasury targets $18.8bn in lost super

ELISE BURGESS  |  MONDAY, 7 FEB 2011
... Services Council (FSC). The FSC supported the draft proposal and the use of TFNs by super funds and the Australian Taxation Office to assist in account consolidation. "Allowing TFNs to be used as the primary identifier in superannuation will make it ...

Trustees told to rethink ins cover strategies

ELISE BURGESS  |  THURSDAY, 3 FEB 2011
Super fund trustees warned to rethink cover strategies in light of the Australian Taxation Office (ATO) ruling regarding premiums paid by funds for insurance policies providing total and permanent disability (TPD) cover. The ATO general draft ruling ...

ATO to review 10,000 SMSFs

ELISE BURGESS  |  MONDAY, 6 DEC 2010
The Australian Taxation Office (ATO) is auditing and reviewing over 10,000 self-managed super funds (SMSF) this financial year as it raises its compliance focus to protect retirement savings. The ATO's scrutiny on SMSF funds and trustees follows on ...

One in five ignore super accounts

MEDIA RELEASE  |  TUESDAY, 21 SEP 2010
... unnecessary fees and charges imposed by multiple funds. The fund is encouraging its members to access the Australian Taxation Office's SuperSeeker tool at www.ato.gov.au to find forgotten lost super. "By bringing your super together into one account ...

ATO tackles SMSF fraud risk

ELISE BURGESS  |  FRIDAY, 17 SEP 2010
... their super balance. Regulation and preventative measures against fraud in SMSFs is something that the Australian Taxation Office (ATO) has been working against for some time in a bid to protect those who fall victim to fraudulent newly established funds. ...

ATO appoints integrity adviser

RUTH LIEW  |  MONDAY, 6 SEP 2010
The Australian Taxation Office has hired former Commonwealth director of public prosecutions, Damian Bugg AM QC, as its integrity adviser. Tax commissioner Michael D'Ascenzo made the announcement late last week, and Bugg will be charged with providing ...