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Showing 41 - 50 of 1011 results for "Taxation"

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... obviously has some hairs on it," ASFA chief executive Mary Delahunty previously said. "I'm not as concerned about the taxation of unrealised capital gains as some other commentators are, I think we're all familiar with land tax, which is also ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
The Australian Taxation Office (ATO) will continue to tighten controls around early access of SMSF money as it grapples to contain those who access it illegally. The ATO said the growing frequency in accessing super early has forced it to make enforcement ...

ATO bares teeth at dentists pushing early super access

JAMIE WILLIAMSON  |  TUESDAY, 26 AUG 2025
The Australian Taxation Office (ATO) has warned of an increase in "dodgy advice" about accessing superannuation savings for non-critical medical procedures, like cosmetic dental work. The number of people accessing their super under the guise of medical ...

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... will facilitate further progress to stabilise the international tax system, including a constructive dialogue on the taxation of the digital economy and on preserving the tax sovereignty of all countries." While the G7 recognises that these issues have ...

Average super balance grows to $172k: ATO

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... superannuation balance grew 5% to $172,000 at the end of the 2023 financial year, new statistics from the Australian Taxation Office reveal. Women had an average super balance of $154,641, while men had $192,119. The median was $54,349 and $68,568 respectively. ...

SMSFs' risk appetite to change under Division 296: Wilson

MATTHEW WAI  |  MONDAY, 30 JUN 2025
... funding or personal contributions. "As personal contributions come from the individual where they would be liable for taxation costs on unrealised gains it is prudent as a cross check to have them captured, as a trade-off decision for a small business ...

Dodgy dentist defrauds members after draining super for medical procedures

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... to 69 counts of theft. After relocating to Australia, Hurst was permitted to continue practising dentistry. Australian Taxation Office (ATO) data for the 2024 financial year shows it approved the release of more than $1 billion of superannuation on medical ...

Pacific workers face barriers to claiming super: University

ANDREW MCKEAN  |  TUESDAY, 17 JUN 2025
... tourism sectors as of March. Uni SA senior lecturer and manager of its tax clinic Rob Whait highlighted that the Australian Taxation Office holds significant unclaimed superannuation owed to PALM workers. "Completing the required paperwork requires workers ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... to 1.8 million Australians could be affected by the tax at their retirement. Waterhouse said the ASA is not opposed to taxation, but "introducing this measure without a holistic review of the broader tax system and forcing people to act against their ...

Super moves: TCorp, ESSSuper, Funds SA, Team Super

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
... with practical experience in infrastructure investment evaluation. Additionally, his background includes international taxation through his work as a transfer pricing consultant at EY, where he navigated the complexities of multinational business structures ...