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Showing 711 - 720 of 959 results for "ATO"

Rudd promises to expand Super Clearing House

JAMES FERNYHOUGH  |  FRIDAY, 23 AUG 2013
... Coalition announced that it would get rid of the Clearing House, and offer a similar service through the Australian Tax Office (ATO). Shadow Minister for Financial Services and Superannuation Mathias Cormann justified the move, arguing the Clearing House ...

ATO launches superannuation video comp

ALEX DUNNIN  |  WEDNESDAY, 21 AUG 2013
The Australian Taxation Office (ATO) has launched its annual video competition and this year the theme is superannuation engagement for young people. The ATO has also opened the video competition to any student from any Australian tertiary or vocational ...

Former Royal Bank of Canada employee jailed for insider trading

ALICE URIBE  |  FRIDAY, 9 AUG 2013

Bravura gets go-ahead for Super TIC app

JAMES FERNYHOUGH  |  THURSDAY, 8 AUG 2013
... messaging application. Super TIC allows funds to validate a member's tax file number and accompanying details against the ATO's client register. This is part of the wider SuperStream reforms, intended to make superannuation rollovers simpler. Bravura's ...

FSC denounces lost super threshold rise

JAMES FERNYHOUGH  |  MONDAY, 5 AUG 2013
... raise the threshold at which inactive superannuation account balances can be transferred to the Australian Taxation Office (ATO). Currently, inactive account balances of under $2000 can be transferred. In the government's pre-election Economic Statement ...

Advisers warned to check pension start dates after new ruling

MARK SMITH  |  MONDAY, 5 AUG 2013
... income stream commences and when it ceases, and consequently when a superannuation income stream is payable and taxable. "The ATO has retained its strict adherence to its views as to the commencement date of a pension," Townsends Business & Corporate ...

ATO clarifies when a pension ceases

STAFF WRITERS  |  THURSDAY, 1 AUG 2013
The Australian Taxation Office has issued a ruling confirming the conditions for when a pension ceases. The ATO issued the Ruling to explain when a superannuation income stream commences and when it ceases, and consequently when a superannuation income ...

SMSFs lose majority of cases against ATO

JAMES FERNYHOUGH  |  WEDNESDAY, 24 JUL 2013
... Hughes said that of the 32 cases he looked at - largely involving excess contributions tax (ECT) and non-compliance - the ATO won 28 of them and the taxpayer won just four. "It's pretty clear that the weight is very much in the commissioner's hand, and ...

Super funds unready for trans-Tasman transfer rules

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
... required to transfer your retirement savings, the trustee must pay the amount to the KiwiSaver Scheme within 30 days," the ATO stated.

HNW and SMSF under ATO scrutiny

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Australian Taxation Office (ATO) will focus on high net worth (HNW) and self-managed superannuation funds (SMSF) misuse of the concessional tax environment, whether if it is deliberately or unintentionally. The ATO announced that it will review ...