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Showing 661 - 670 of 959 results for "ATO"

SMSF closures drop 75% in 2014

LAURA MILLAN  |  WEDNESDAY, 10 SEP 2014
... were wound up in financial year 2014 dropped by 75%, according to the latest figures from the Australian Taxation Office (ATO). The ATO June 2014 SMSF quarterly report shows that 2,349 SMSFs were wound up in the 12 months to June 2014, while 9,676 SMSFs ...

ATO considers increasing Bitcoin control

LAURA MILLAN  |  FRIDAY, 22 AUG 2014
The Australian Taxation Office (ATO) could be asking Bitcoin and other crypto-currency holders to keep records of their transactions. The ATO has released guidance of the tax ramifications of crypto-currencies and how various parts of the tax law apply ...

SMSF wind up trend is not real: SuperGuardian

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... rebuked claims that SMSF trustees are increasingly winding up their funds. The provider argues that Australian Taxation Office (ATO) figures for the five years to June 30, 2013, show that on average for every five funds established, one was wound up. ...

Giving through PAFs back to pre-crisis level

MARK SMITH  |  MONDAY, 18 AUG 2014
... assets of $3 million. Distributions from PAFs to charitable causes reached a record $252 million in the year to 30 June 2012. ATO data reveals on a personal donation level, the annual gift size per donor has increased from $31 to $494 since data collection ...

CareSuper, Crowe Horwath partner to wind up SMSFs

STAFF WRITER  |  WEDNESDAY, 13 AUG 2014
... accounting and financial advice firm Crowe Horwath. CareSuper noted that the latest figures from the Australian Taxation Office (ATO) point at an increasing trend of SMSF wind ups, with 7,653 trustees shutting down their individual fund between 2012 ...

Resources needed for outcomes, regulators warn Treasury

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... that APRA maintain its attractiveness as an employer." The Tax Practitioners Board (TPB) and the Australian Taxation Office (ATO) were also among the regulators that provided statements of intent to Treasury.

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... annuitisation, a policy which would affect SMSFs. SMSFs are currently regulated for tax purposes by the Australian Taxation Office (ATO). The report made no mention of making any changes to this. However, SMSF advisers and accountants are regulated by ...

ATO closing in on undisclosed offshore income

MARK SMITH  |  MONDAY, 30 JUN 2014
The Australian Taxation Office (ATO) is mining data to track down people with undisclosed offshore income and assets. The ATO is examining information from a range of sources including: data from overseas tax authorities on Australians with offshore ...

GBST launches SuperStream gateway

JAMES FERNYHOUGH  |  FRIDAY, 27 JUN 2014
... chief executive Kevin Bungard said: "It's an outstanding achievement for GBST to have fully implemented SuperStream before the ATO mandated dates. GBST has been instrumental in enabling us to deliver a SuperStream solution to our clients."

SMSF members getting younger

MARK SMITH  |  TUESDAY, 24 JUN 2014
More than six in 10 self-managed super fund (SMSF) members are aged between 34 and 54 as Australian Taxation Office (ATO) data shows members are getting younger. According to the latest Trends in SMSFS report from CoreData, the age distribution of members ...