Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 511 - 520 of 959 results for "ATO"

SMSF industry hails ATO appointment

JAMIE WILLIAMSON  |  TUESDAY, 6 MAR 2018
... her well to assume this key role, and we look forward to continuing the successful strategic partnership we have with the ATO with Dana heading its SMSF work," he said. In farewelling Macfarlane, Maroney thanked her for her contribution to the SMSF space. ...

Conflicted SMSF auditor disqualified

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
... close family member and another where he was a director of the corporate trustee. Taylor was referred to the regulator by the ATO under section 128P of the Superannuation Industry (Supervision) Act 1993. The provision allows the Commissioner of Taxation ...

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
Draft legislation that allows the ATO to facilitate the early release of superannuation is open for consultation. Treasury has released the exposure draft overnight that aims to expedite the early release of super funds and "improve the integrity of ...

ATO closely monitoring SMSF balance caps

KARREN VERGARA  |  MONDAY, 19 FEB 2018
The ATO is closely monitoring self-managed super funds (SMSF) that breach the transfer balance cap and has already issued several alerts to members close to breaching the cap. ATO deputy commissioner for superannuation James O'Halloran told the 2018 ...

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
... employers with more than 20 staff members will report salary and wages and Pay as You Go (PAYG) withholding amounts to the ATO in real time or at the same time employees are paid. In an effort to help the ATO receive real-time information indicating ...

ATO toasts the "SMSF class of 2012"

ALEX BURKE  |  FRIDAY, 19 JAN 2018
As part of the release of its annual SMSF statistics, the ATO looked at the performance of the SMSF sector through the lens of funds established five years ago and asked: where are they now? There were 36,160 SMSFs lodged in the 2012 financial year. ...

RNY wind-up sought as ASIC blocks Aurora move

ALEX BURKE  |  TUESDAY, 9 JAN 2018
... misappropriation of funds" - likely referring to ex-chief financial officer Betty Poon - and that funds were transferred to SAM, the ATO and "other third parties." "There was no legitimate purpose for any of the transfers from the Aurora Property Buy-Write ...

Industry association targets super gaps

EMMA RAPAPORT  |  MONDAY, 8 JAN 2018
... its opposition to a proposed increase in the age pension age to 70 years. The association has also voiced its support of the ATO being made responsible for enforcing non-SG payments made through employers "under a regime that is for all intents and purposes ...

Aurora traces stolen $1 million to former owner

ALEX BURKE  |  TUESDAY, 19 DEC 2017
... misappropriation of funds" - likely referring to ex-chief financial officer Betty Poon - and that funds were transferred to SAM, the ATO and "other third parties." "There was no legitimate purpose for any of the transfers from the Aurora Property Buy-Write ...

Not all heroes wear capes

EMMA RAPAPORT  |  MONDAY, 11 DEC 2017
... 'what kind of work do you do?', the bot sends the user to the MyGov website and talks them through the process linking an ATO account, finding super fund accounts, and consolidating them. The bot also asks users if they plan on becoming a parent, discusses ...