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Showing 41 - 50 of 264 results for "tax concessions"

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... indicated earlier this week, small to medium businesses like financial advice firms will be able to access up to 10 tax concessions as the aggregated annual turnover threshold has lifted to $50 million from $10 million. The concessions include car parking ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
The Prime Minister has given an indication of what will be revealed in next week's federal budget with a focus on tax cuts and increased infrastructure spending. Prime Minister Scott Morrison gave the insight during his National Press Club address ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... unions," Rennick said. He went on to criticise $40 billion in superannuation management fees and a similar amount in tax concessions. "Most of these fees go to white collar blowhards in Sydney and Melbourne. Every week rivers of gold flow out of regional ...

Young-old wealth gap widest in 18 years

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... sustainable." As a solution, the paper suggests reviewing the rate of unemployment benefits, tightening superannuation tax concessions (also a call from Grattan Institute, as superannuation industry awaits the Retirement Income Review's final report) ...

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... as they see their retirement savings deteriorate. Inequality will grow with a monstrous distortion of existing tax concessions." Jones finished by saying that if the Prime Minister is "genuine" about putting down the weapons, he should start by ending ...

ERS emerges as tax loophole for expats

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... doing that." It was logical for expats impacted by the coronavirus pandemic to withdraw their super now to avoid tax concessions, he said. "If they don't face tax consequences now, when they do leave their super wont get treated under that penalty ...

A man is not a plan: Rice Warner

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
... review the settings for means testing, and provide more public housing solutions. It also suggested changing super tax concessions, removing the $450 threshold for SG payments, consider providing tax deductibility of financial planning and allow joint ...

Super tax concessions out of hand

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
Latest analysis of Treasury data shows superannuation tax concessions are growing so large they will soon rival the Age Pension. New Australia Institute analysis shows tax concessions in superannuation are almost as large as the cost of the Age Pension ...

SG increase will hurt women: NFAW

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... superannuation accrued by casual and part-time workers, of which a high proportion are women," the NFAW said. "The tax concessions that are associated with the superannuation system, particularly in respect of voluntary contributions, are skewed to male ...

ISA reaffirms stance on super guarantee

ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
... the taper rate to $2 to remove a disincentive to save for middle income earners. It also recommended examining tax concessions, increasing the low income superannuation tax offset and making super payable on the day. ISA chief executive Bernie Dean said ...