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Showing 41 - 50 of 141 results for "GST"

Land tax, not stamp duty: Report

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
A draft report into reforming GST and reducing inefficient taxes has reignited calls for the scrapping of stamp duty when buying or selling a home, to be replaced by a broad-based land tax. The NSW Review of Federal Financial Relations draft report ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... (NALI) provisions and the general anti-avoidance rules, particularly where the arrangement involves other related parties, and GST matters such as GST registration requirements, correct reporting and the application of the margin scheme." The ATO also ...

SISFA relaunches membership to SMSF trustees

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
... support from the industry. Additionally, it said it will be offering SMSF members a new annual membership rate of $48, plus GST, to allow them access to a range of services including educational content, investment opportunities for SMSFs and national ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... in June 2000, as consumers brought forward purchases ahead of the 1 July 2000 introduction of the goods and services tax (GST). This initial estimate is subject to revision and the final one will be published on 6 May 2020. But having said that, the ...

Vale Ted Evans

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
... Secretary, Ted advised the Keating and Howard governments on balancing the budget, major tax reforms, including introduction of the GST, and establishment of the key economic frameworks that continue to serve Australia well to this day," Morrison said. ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
... about 400 advisers. The maximum rate of adviser trail commission is reducing from 0.8% per annum to 0.4% per annum (excluding GST) for Colonial First State's nil-entry-fee (NEF) investment options which started in 2001. This will result in 400 advisers ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... 17 June 2019. In terms of costs, management fees sit at 1.50% per annum of the fund's NAV. A 20% performance fee (plus GST) is charged based on the portfolio's outperformance, the PDS shows. Regal chief investment officer Phil King said a lot ...

Global fund launches in retail market

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
... Marriott. It also invests in companies based in China, Canada, Hong Kong, Japan and the UK. Management fees sit at 1.2% (plus GST). It does not charge a performance fee. The fund is co-managed by Loomis Sayles portfolio managers Eileen Riley and Lee ...

Sunsuper introduces advice fee caps

JAMIE WILLIAMSON  |  THURSDAY, 28 FEB 2019
... superannuation account. Under the caps, initial fees will be limited to the lower of $4400 or 2.2% of the balance (including GST) and only payable once every three years. If the account balance is less than $50,000, Sunsuper will not authorise payment ...

FASEA makes adviser exam adjustments

JAMIE WILLIAMSON  |  THURSDAY, 7 FEB 2019
... assessment will be conducted in a range of capital cities and regional centres and each attempt will cost $540, excluding GST. The concessions were made following extended industry consultation during which FASEA received 26 submissions. "We thank stakeholders ...