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Showing 51 - 60 of 320 results for "Taxpayers"

Advisers put on notice: HLB Mann Judd

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... with building and structuring tax advice overtime." In 2014, the watchdog allowed a "one-off" pardon enabling eligible taxpayers to disclose omitted offshore income, capital gains and over-claimed deductions for reduced penalties as well as protection ...

Federal Budget is challenging: Economist

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
... than ever before, Richardson said in response. "There is now a clear set of tradeoffs between disabled Australians and taxpayers," he said. "We need to do the right thing by disabled Australians, and we need to do the right thing by taxpayers. But that ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
... with the crypto asset sector." The government said the Australian Taxation Office (ATO) estimates more than one million taxpayers have interacted with the crypto asset ecosystem since 2018. However, more distended, YouGov research commissioned by Swyftx ...

Review of ASIC funding model begins

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... (taxation) or budget funding." Prior to the introduction of the Industry Funding Model, ASIC was primarily funded by taxpayers through government appropriations. Costs were recovered in proportion to the costs incurred by ASIC in respect of each regulated ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... OECD view that tax risk management should be part of good corporate governance. The initiative identifies the top 1000 taxpayers (large multinational and public companies) to participate in a streamlined review, this includes APRA-regulated super funds. ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... throwing petrol on a bonfire - it will jack up prices, inflate young people's mortgages and add to the aged pension, which taxpayers will have to pay for." "Super is meant to be for people's retirement, not supercharging house prices and pushing the ...

Government welcomes ATO family trust guidance

CHLOE WALKER  |  TUESDAY, 12 APR 2022
... running small businesses, to manage their financial affairs. This draft guidance replaces the ATO's 2014 guidance, which taxpayers and their advisers have been relying on, concerning when a beneficiary's entitlement to trust income arises out of a reimbursement ...

Recession-style policy but no recession: Grattan

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
Grattan Institute chief executive Danielle Wood has argued the federal government is spending as though there is a recession or a crisis, although there is no such situation. Speaking at the Financial Standard Chief Economist Forum in Sydney today ...

Cash bonus and fuel excise cut

TOM WATSON  |  TUESDAY, 29 MAR 2022
... pressures is the introduction of a one-off, $420 'cost of living tax offset' from July this year. Over 10 million taxpayers are in line to receive the offset which will add on to the existing low and middle income tax offset (LMITO). That means ...

More super, less tinkering: ASFA

CHLOE WALKER  |  TUESDAY, 29 MAR 2022
... while they personally may have saved enough to live well in retirement, others who don't save might become a burden on taxpayers. "In this context, there is overwhelming support for maintaining the legislated increase of the SG to 12% and for the compulsory ...