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Showing 21 - 30 of 901 results for "Taxation"

Advisers, accountants ramp up partnerships

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... joining forces with accounting firms as the former seeks to meet clients' demand for holistic advice that includes taxation. Over the next decade, Radar Results predicts that accountants will fully embrace financial advice by way of taking over or ...

Rest welcomes chief financial officer

CHLOE WALKER  |  TUESDAY, 5 DEC 2023
... responsible for overseeing financial strategy, management and reporting, valuations, actuarial, portfolio governance, taxation, and investment operations. "John's deep experience and knowledge is a welcome contribution to Rest as we continue to focus ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... $36,000 to the retirement balance of workers in the lowest 20% of wage earners. A recent SMC analysis of an Australian Taxation Office sample file has found that on average 2.8 million people are underpaid a total of $4.7 billion super in a year. The ...

Large Australian corporations pay record tax: ATO

ANDREW MCKEAN  |  THURSDAY, 9 NOV 2023
The Australian Taxation Office (ATO) has disclosed that a record-breaking $83.8 billion was paid in income tax by large corporations for the 2021-22 financial year. According to the ATO's ninth annual Corporate Tax Transparency (CTT) report, the income ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... rectified its issues. Another super fund's administrator incorrectly coded a reserve as contributions to the Australian Taxation Office. "For otherwise inactive accounts, this caused the period of inactivity to be reset and therefore impacted the ...

ASIC bans former PwC partner over tax scandal

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... confidential information he obtained in his roles as a tax advisor to the Commonwealth Treasury and the Australian Board of Taxation. Accordingly, ASIC found that Collins was not a fit and proper person to provide financial services and that it was in ...

KeyInvest, Mantis Funds launch investment bond offering

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... focused, a trend which we believe will change in the next decade." In an environment where further changes to superannuation taxation laws are on the horizon, investment bonds are becoming increasingly attractive for investors seeking flexible, tax effective ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... assets are frequently transferred into SMSFs to facilitate retirement income for retiring farmers," he explained. "The taxation of unrealised gains poses a genuine challenge for farmers, many of whom may find it difficult to meet the annual tax obligations ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... firms tend to have unsecured debt, likely with non-bank lenders and other businesses, as well as debts to the Australian Taxation Office. Further, businesses facing profitability challenges are drawing down on cash buffers to support their operations ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... planning, where land assets are frequently transferred into SMSFs to facilitate retirement income for retiring farmers." "The taxation of unrealised gains poses a genuine challenge for farmers, many of whom may find it difficult to meet the annual tax ...