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Showing 51 - 60 of 259 results for "Capital gains tax"

Government enshrines new rule for Aussie Bitcoin owners

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... treatment of foreign currency. This measure maintains the current tax treatment of digital currencies, including the capital gains tax treatment where they are held as an investment. Though rather than to effect change, this measure was intended to remove ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... adding a new member, or when starting a pension," it said. Next, it highlighted indexing key small business capital gains tax concession thresholds and said some of these thresholds have not been reviewed or updated for a considerable period. Protecting ...

Tax exemptions overwhelmingly benefit the wealthy: OECD

CHLOE WALKER  |  FRIDAY, 22 JUL 2022
An Organisation for Economic Co-operation and Development (OECD) report indicates that Australia's lack of capital gains tax has led to a monumental increase in house prices that have unfairly affected the less wealthy. The report states that between ...

BT answers advisers' top tax time questions

ANDREW MCKEAN  |  WEDNESDAY, 1 JUN 2022
... investment property, consider contributing some of the sale proceeds into super, to potentially reduce their capital gains tax liability. The tax rate in super being 15%, compared to paying a capital gains marginal rate as high as 47%. The BT recommendations ...

UK advice firm enters Australia

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
... back in the UK, namely, savings such as pensions and investments, and tax liabilities such as inheritance and capital gains tax," Skybound said. "Many UK expats in Australia have savings back home that are either dormant or no longer fit for purpose. ...

BTC Markets adds to advisory board

ANNABELLE DICKSON  |  TUESDAY, 16 NOV 2021
... Organisation (DAO) company structure, changes to anti-money laundering and counter-terrorism financing guidelines and capital gains tax. The report recommended developing a "token" classification for different cryptocurrencies and digital assets to determine ...

Crypto regulation proposed: Bragg

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... Organisation (DAO) company structure, changes to anti-money laundering and counter-terrorism financing guidelines and capital gains tax. The report recommended developing a "token" classification for different cryptocurrencies and digital assets to determine ...

Recovery set to slow: OECD

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... offset regressive effects through personal income tax cuts, reducing private pension tax breaks and reducing the capital gains tax discount. Treasurer Josh Frydenberg said he has no plans to raise GST. BetaShares chief economist David Bassanese said ...

Inheritance not expected: Research

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
... only major form of income that is untaxed in Australia - someone who receives a bequest is not even liable for capital gains tax. "There's nothing more certain than death and taxes. But while people generally assume the combination is notoriously unpopular ...

Platinum launches investment bond

KANIKA SOOD  |  TUESDAY, 1 JUN 2021
... after 10 years don't incur additional personal income tax subject to other conditions. They also don't incur capital gains tax when the ownership of the bond is changed; issuers often pitch them as estate planning structures that are faster and more ...