Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 721 - 730 of 959 results for "ATO"

ATO to clamp down on multinationals and trusts

MARK SMITH  |  TUESDAY, 16 JUL 2013
The Australian Taxation Office (ATO) will increase it audits and risk reviews on multinational companies and trusts as part of a strategy to combat tax crime and profit shifting to overseas havens. The ATO has released it Compliance in focus program ...

Labor and Libs joust over small business super contributions

JAMES FERNYHOUGH  |  THURSDAY, 11 JUL 2013
... the option to remit compulsory superannuation payments made on behalf of workers directly to the Australian Taxation Office [ATO]." Small businesses responded favourably with the Real Estate Institute of Australia calling it "a sensible move." The seeming ...

Trustees warned about unintentional SMSF contributions

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
... been warned that unintentional or mistimed contributions could get them in hot water with the Australian Taxation Office (ATO). "Even the most carefully constructed contribution strategy can fail if the timing is off," Caroline Harley, an Associate at ...

ATO reveals dip in number of new SMSFs

JAMES FERNYHOUGH  |  TUESDAY, 28 MAY 2013
... funds (SMSFs) slowed significantly in the first quarter of 2013, according to figures released by the Australian Tax Office (ATO). Only 5,840 new SMSFs were created in the March quarter, compared with 9,748 in the December quarter of 2012, and over 10,000 ...

APRA delays collection of super reporting form

LAURA MILLAN  |  FRIDAY, 24 MAY 2013
... that would give insight into the rate of take up of the Data and Payment standards issued by the Australian Taxation Office (ATO) in December 2012. The implementation process is expected to be completed on the last quarter of 2018-2019.

SuperStream data standards superficial

ALEX DUNNIN  |  TUESDAY, 21 MAY 2013
... rapidly shift towards electronic protocols before all sections are prepared. A statement on the Australian Taxation Office (ATO)'s website notes that the data standards provide a consistent, reliable electronic method of transacting linked data and payments ...

ATO release another SMSF self help guide

ALEX DUNNIN  |  FRIDAY, 17 MAY 2013
... Reflecting the rise and rise of self directed self-managed superannuation fund (SMSF) investors, the Australian Taxation Office (ATO) has issued a publication aimed at explaining to SMSF trustees the rules around how they can pay benefits from their ...

Budget 2013-14 wrap up

ALEX DUNNIN  |  WEDNESDAY, 15 MAY 2013
... Tax avoidance and evasion using trusts has also been targeted with additional funding for the Australian Taxation Office (ATO) to investigate and audit the use of trust structures by high wealth individuals.

Opposition and VOFF criticise response to Trio report

LAURA MILLAN  |  MONDAY, 29 APR 2013
... representatives from Treasury, ASIC, the Australian Prudential Regulation Authority (APRA) and the Australian Taxation Office (ATO). "This response, together with far-reaching reforms such as the Future of Financial Advice and Stronger Super, will improve ...

APRA warns licensees warning about 3 day rollovers

ALEX DUNNIN  |  MONDAY, 22 APR 2013
... licensees advising them of their new obligations to process rollovers within three days and use the Australian Taxation Office (ATO) developed SuperTIC service as their means for uniquely identifying member tax file numbers (TFNs). The requirements are ...