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Showing 41 - 50 of 959 results for "ATO"

Rest pilots Payday Super tech, moves to implement

JAMIE WILLIAMSON  |  TUESDAY, 17 JUN 2025
... 70,000 businesses, including four super funds, including Aware Super and Commonwealth Super Corporation, and APRA and the ATO. It's also used by more than 28,000 self-managed super funds.

Industry groups hammer out guidance on tax-deductible advice fees

ANDREW MCKEAN  |  MONDAY, 26 MAY 2025
... leading accounting bodies, has released new guidance on tax-deductible advice fees. The guidance follows the release of the ATO Tax Determination in September last year, which the FAAA had lobbied for around six years, and clarifies when individuals ...

CSC, Future Fund, RBA pay data released

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... Commonwealth Super Corporation (CSC), the Reserve Bank of Australia (RBA), Future Fund and the Australian Taxation Office (ATO). "Releasing public sector gender pay gaps for the first time today places a spotlight on these employers, like it has done ...

Reducing super tax cap to $2m 'a concern': FAAA

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
... new financial services minister will be to fix the Compensation Scheme of Last Resort (CSLR); provide advisers access to the ATO portal; deliver effective Delivering Better Financial Outcomes (DBFO) reforms and implement a standardised fee consent form ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
... actions for the next government, including fixing the Compensation Scheme of Last Resort (CSLR), providing adviser access to the ATO portal, delivering effective DBFO reforms and implement a standardised fee consent form, instigating a financial services ...

New government must prioritise payday super: SMC

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... resources to manage the increased compliance requirements," IFPA said. SMC also suggests that the Australian Taxation Office (ATO) clearly articulate its proposed transition, with a "phased approach to enforcement to give comfort to employers who genuinely ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... government. These included the commitment to reforming the Compensation Scheme of Last Resort (CSLR), giving advisers access to the ATO portal, reducing regulatory burden through DBFO and supporting new entrants to the profession. "These are all important ...

Collectables market reaches $17bn: Report

KARREN VERGARA  |  MONDAY, 14 APR 2025
... While collectables represent a small portion, they continue to be popular in the SMSF sector. Australian Taxation Office (ATO) data for December 2024 shows that SMSFs had $683 million invested in collectables and personal use assets, accounting for only ...

NPP not suitable as the primary payment system for payday super

MATTHEW WAI  |  WEDNESDAY, 9 APR 2025
... attract Superannuation Guarantee Charge (SGC), which is not tax-deductible. Simultaneously, the Australian Taxation Office (ATO) will also remove the ability to claim deductions for General Interest Charge and Shortfall Interest Charge to discourage ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... "more needs to be done" to understand how the tax system is being weaponised and what actions the Australian Taxation Office (ATO) should take to respond, found that many victim-survivors usually only discover the abuse after they receive notifications ...