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Showing 41 - 50 of 1027 results for "Taxation"

Government consults on victim access to child sex abusers' super

MATTHEW WAI  |  TUESDAY, 3 FEB 2026
... paying compensation to victims. Under the proposed legislation, victim-survivors will be able to apply to the Australian Taxation Office (ATO) to identify any potential eligible super prior to seeking access, it said. It would only apply to additional ...

Review launched into thin capitalisation reforms

ELIZA BAVIN  |  MONDAY, 2 FEB 2026
... Mulino and Assistant Minister for Productivity, Competition, Charities and Treasury Andrew Leigh have tasked the Board of Taxation to undertake an independent review of the government's thin capitalisation reforms. Chalmers said the reforms target the ...

Transfer balance cap to rise to $2.1m

JAMIE WILLIAMSON  |  FRIDAY, 30 JAN 2026
... super balance of less than $1.86 million). The AWOTE figures are set to be released late next month, with the Australian Taxation Office to confirm all changes in March. "It will be interesting to see if the government will apply to the Division 296 ...

ASIC acts against 28 SMSF auditors

MATTHEW WAI  |  FRIDAY, 30 JAN 2026
... provides accounting services, unless the services are "routine or mechanical". However, a 2025 review by the Australian Taxation Office (ATO) indicated that up to 800 SMSF auditors may still be performing in-house audits, ASIC said. Meanwhile, John Couroyannis ...

Improvised super tax poses unfair, inequitable outcomes: Industry

MATTHEW WAI  |  TUESDAY, 20 JAN 2026
... equity and workability. In a recent submission to the consultation, the SMSFA said it understands the intent to reduce the taxation concessions on large super balances, but the bill can still be improved to avoid unintended consequences and unfair outcomes. ...

Replace capital gains discount with income averaging: e61

RIDDHIMA TALWANI  |  THURSDAY, 15 JAN 2026
... closely aligns tax with economic accrual." e61 said applying this approach to all capital income would lead to higher taxation of the capital gains of high-income earners while reducing tax paid on interest and dividend income, thereby improving the ...

Forrests' donation crowns WA as most generous state: KPMG

KARREN VERGARA  |  TUESDAY, 13 JAN 2026
... most generous state in the country, a new analysis by KPMG reveals. KPMG modelling of 2023 financial year Australian Taxation Office (ATO) data saw a jump in donations from inner Perth to nearly $5.3 billion, up from $382 million the prior year, thanks ...

ATO to restrict travel over unpaid super obligations

ELIZA BAVIN  |  WEDNESDAY, 7 JAN 2026
The Australian Taxation Office (ATO) said it is actively using departure prohibition orders (DPOs) as part of a broader shift towards strengthening payment performance and debt collection. A DPO is an enforcement action available to the ATO to prevent ...

Treasury seeks feedback on major super tax reform

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
... amount of the realised earnings of the fund attributable to an individual member, and report that amount to the Australian Taxation Office. The policy will also apply to members of defined benefit schemes. The tax is imposed directly on the individual ...

More than 2000 advisers at risk as deadline looms

JAMIE WILLIAMSON  |  MONDAY, 1 DEC 2025
... the regulator noted. There are also 827 existing providers who, unless exempt, must complete specified commercial and taxation laws to continue providing tax (financial) advice. For those who will not meet the qualifications standard by year end, ASIC ...