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Showing 21 - 30 of 45 results for "Tax deductions"

Budget 2013-14 wrap up

ALEX DUNNIN  |  WEDNESDAY, 15 MAY 2013
... supplemented by some specific initiatives to encourage income streaming rather than lump sums and to claw back tax deductions from financial institutions and promote regular tax payments to facilitate government cash flow. For example, deferred annuities ...

ASIC raises red flag on capital protected products

LAURA MILLAN  |  THURSDAY, 2 MAY 2013
... perform. While sometimes the investment exposure is "notional", there may also be risks for investors who claim tax deductions on their payments, the ASIC report said. "We are particularly concerned about potentially misleading or unhelpful claims of ...

SMSF software helps maximise property tax deductions

RACHEL DAVIS  |  THURSDAY, 31 MAY 2012
... the new property module to allow SMSF administrators, adviser groups and accountants to maximise the allowable tax deductions on investment properties. "Standard SMSF software typically calculates property depreciation values to coincide with end of ...

Super tax subsidies don't favour the rich: Mercer

ALEX DUNNIN  |  TUESDAY, 14 FEB 2012
... unit. The core to Mercer's argument is that high income earners should not double-dip through claiming excessive tax deductions or by manipulating their tax position so they can still receive the age pension. Release of the Mercer paper coincides with ...

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... workforce for longer," said the Minister. The government said the changes will also allow employers claim income tax deductions for super guarantee contributions for workers aged 70 plus, which means they wont be deterred by any higher costs. Meanwhile ...

Tax forum tackles wealth management issues

ELISE BURGESS  |  FRIDAY, 7 OCT 2011
... encourage Australians to seek advice build retirement savings and reduce reliance on the Age Pension. Rantall suggested tax deductions for advice fees and fee rebates targeting low to middle income earners, amended tax and super laws to allow for longevity ...

SMSFs can use tax rule to save thousands conference told

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
... draft ruling, the super fund would now have assessable income. The assessable income brings the anti-detriment tax deductions back into play. The super fund can then offset the capital gains tax payable from the sale of assets with the ends result being ...

Tax rules set for TPD insurance deductibility

ALISON BEVEGE  |  THURSDAY, 4 AUG 2011
... Proposed amendments to superannuation tax law will make it easier for self-managed super funds to work out their tax deductions for insurance, an SMSF expert has said. The draft legislation, released yesterday, specifies how much of the premium for total ...

Tax strategies from ATO, Cavendish

ELISE BURGESS  |  FRIDAY, 17 JUN 2011
... of investment, often the result is a reduction in your taxable income or an increase in the amount of claimable tax deductions. However, you should be careful that any such investment is not so influenced by the tax consequences that it becomes a tax ...

Mason Stevens launches leveraged product

MATT WOODINGTON  |  THURSDAY, 2 JUN 2011
... Stevens hopes that investors will be attracted to the dividends and franking credits on offer, as well as possible tax deductions on pre-payed annual interest. The instalments, arranged by Mason Stevens and issued by UBS, will be listed on the ASX. Investors ...