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Showing 21 - 30 of 967 results for "ATO"

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 ...

FSC questions SMC's claim on younger members' super switches

RIDDHIMA TALWANI  |  MONDAY, 23 MAR 2026
... young Australians only have one account, and the value of outward rollovers corresponds to age specific median balances in ATO sample file data," SMC said. Even with the difference, both organisations said it is important for the industry to tackle the ...

SMSFs need to stay ahead of the regulatory curve: Nowinfinity

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
... recontribution strategies in response to various life events. Meanwhile, from a regulatory perspective, Anderson said the ATO is anticipating better and more frequent reporting from SMSF professionals while ramping up scrutiny of the sector, with expectations ...

Advisers lose lead in SMSF establishments: Panel

KARREN VERGARA  |  WEDNESDAY, 18 FEB 2026
... regulation," he said. There are currently 661,384 active SMSFs - the highest count to date - according to Australian Taxation Office (ATO) data. With more than $1.1 trillion in assets, SMSFs make up nearly one quarter of the total $4.5 trillion superannuation ...

Advisers need more support: FAAA submission

ANGELIQUE MINAS  |  THURSDAY, 5 FEB 2026
... transitions, parental leave etc)." Among these measures, the FAAA proposed providing professional advisers with access to the ATO portal and simplifying and enhancing the tax deductibility of advice. As the ASIC levy and Compensation Scheme of Last Resort ...

Government consults on victim access to child sex abusers' super

MATTHEW WAI  |  TUESDAY, 3 FEB 2026
... compensation to victims. Under the proposed legislation, victim-survivors will be able to apply to the Australian Taxation Office (ATO) to identify any potential eligible super prior to seeking access, it said. It would only apply to additional super ...

Chartered accountants should be allowed to provide advice: CA ANZ

MATTHEW WAI  |  MONDAY, 2 FEB 2026
... strong belief that this tax will be expensive for individuals, superannuation funds, tax agents, financial advisers and for the ATO to administer, and will raise little net revenue when all these costs are considered," the submission said. As a solution ...

ASIC acts against 28 SMSF auditors

MATTHEW WAI  |  FRIDAY, 30 JAN 2026
... accounting services, unless the services are "routine or mechanical". However, a 2025 review by the Australian Taxation Office (ATO) indicated that up to 800 SMSF auditors may still be performing in-house audits, ASIC said. Meanwhile, John Couroyannis ...

Replace capital gains discount with income averaging: e61

RIDDHIMA TALWANI  |  THURSDAY, 15 JAN 2026
... gain," e61 research economist Matt Maltman said. "Improved technology including digital record-keeping, pre-fill, and improved ATO systems raises the possibility of returning to a system that more closely aligns tax with economic accrual." e61 said applying ...

Forrests' donation crowns WA as most generous state: KPMG

KARREN VERGARA  |  TUESDAY, 13 JAN 2026
... generous state in the country, a new analysis by KPMG reveals. KPMG modelling of 2023 financial year Australian Taxation Office (ATO) data saw a jump in donations from inner Perth to nearly $5.3 billion, up from $382 million the prior year, thanks to ...