Search Results | Showing 21 - 30 of 860 results for %22ATO%22 |
| | | The ATO has recouped and distributed $684 million in unpaid superannuation entitlements to funds and individuals, while also raising over $1.3 billion in super guarantee charge liabilities through compliance actions in the 2022-23 financial year. During ... |
| | | | 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 ... |
| | | | Pepper Money has introduced a new offering, providing loans to self-managed superannuation funds (SMSFs) to purchase or refinance residential and commercial properties. With lending options up to $3 million, the 'super smart' loans are designed for ... |
| | | | ... fund potentially can be something that feeds into payroll, and you actually take someone's TFN and the credentials of the ATO will tell you who that fund is digitally." Gilroy also talked to the scale of potential change that will occur from 1 July ... |
| | | | ... HNWs saw," Guiamatsia said. "They actually want to see a lot more of that and perhaps more streamlined data feeds with the ATO and what have you." Automated reporting also came through as an improvement from ultra high-net-worth (UHNW) individuals. "They ... |
| | | | ... requirements, and adhering to registration conditions. Notably, these SMSF auditors were flagged and referred to ASIC by the ATO. "SMSF auditors have a critical role in upholding the integrity of the SMSF sector through annual audits," said ASIC deputy ... |
| | | | ... not only offers employees extended time in the fund, amplifying the benefits of compounding returns, but also bolsters the ATO's capabilities for early detection of discrepancies, increasing the likelihood of timely compliance actions to recover unpaid ... |
| | | | ... assets in the future. The government claims the reforms will impact just 0.5% of superannuation account holders; however, ATO data suggests non-indexation might result in approximately 500,000 Australians exceeding the cap in their lifetime. "The proposed ... |
| | | | ... jumping 100% from $7.8 million. The government will also look to expand tax promoter penalty laws so they're easier for the ATO to apply to advisers and firms that promote tax avoidance. Further, it will increase the time limit for the ATO to bring Federal ... |
| | | | ... new fund establishments in the 2023 financial year. Baby Boomers, aged 57 to 71, account for 21.3% of establishments. Citing ATO data, the median age of members for all newly established funds was 46 years old in FY21, which has reduced from 54.1 years ... |
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