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Showing 31 - 40 of 266 results for "Tax Office"

Foreign investors face tip offs

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
... and ensuring they are abiding by the guidelines. The Tip Off campaign encourages people to send information to the tax office about foreign investors who may be breaking the foreign investment rules or suspected illegal behaviour around the ownership ...

ERS costs big super funds

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... eligible members have taken an average of 3.3 business days after receipt by funds of the application from the Australian Tax Office (ATO) and 95% have been made within five business days. Over the week to 22 November, 20,000 applications were received ...

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... to comply with SG obligations has robbed workers of their retirement savings worth $3.6 billion, based on Australian Tax Office estimates from 2015. Industry Super Australia thinks this figure is closer to $6 billion. New figures from the ATO reveal ...

ERS withdrawals surpass $32bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... eligible members have taken an average of 3.3 business days after receipt by funds of the application from the Australian Tax Office (ATO) and 95% have been made within five business days. The 10 funds with the highest number of applications received ...

ATO clarifies part disposal rules: DomaCom

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
Fractional investment platform DomaCom has received confirmation from the tax office that a part disposal of a home can work for downsizer contributions for SMSF trustees to allow them to stay in their home. The ATO's Administrative Binding Advice confirms ...

Tax fraud goes from paradise to prison

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... investigations in early 2001. ATO assistant commissioner Aislinn Walwyn said the sentencing shows the persistence of the tax office to hold enablers of illegal schemes accountable and securing an outcome for honest taxpayers. "Tax crime is not victimless. ...

SG amnesty deadline nears

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... to come forward, pay or put a plan in place to pay, and set things right without facing financial penalties from the tax office. "If you are in any doubt, it is vitally important that you talk to your tax agent or the ATO today; the amnesty expires in ...

Tax impacting super fund investment strategies: Research

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... taxable environment and a step forward in the portfolio evolutionary chain can require a fund to write a cheque to the Tax Office," it said. "This tax bill too often cuts short or delays what should be a natural, healthy process of superannuation equity ...

ERS continues super drain

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... eligible members have taken an average of 3.3 business days after receipt by funds of the application from the Australian Tax Office (ATO) and 95% have been made within APRA's five business day limit. Over the week to July 26, 140,000 applications ...

Repeat ERS applications hit one million

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
... eligible members have taken an average of 3.3 business days after receipt by funds of the application from the Australian Tax Office (ATO) and 98.5% have been made within five business days. AustralianSuper has paid out the most at over $4 billion, followed ...