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Showing 771 - 780 of 959 results for "ATO"

New data questions SMSF inflows

ELISE BURGESS  |  MONDAY, 13 FEB 2012
... Partners, identified a number of data trends emerging in the self-managed super fund (SMSF) space based on Australian Tax Office (ATO) data. Baker said facts about SMSFs are difficult to collate "mostly relying on ATO data from SMSF tax returns" with ...

New tax proposals aim to consolidate lost super

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
... and tax for new residential properties. Individuals with 'lost' super amounts will be able to electronically request for the ATO to consolidate the amounts into one fund, helping them keep track of their super balance and protecting against extra fees," ...

SMSFs shift focus to property

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
... the borrower has ownership of are safe from any possible claims. Aaron Dunn, managing director of The SMSF Academy said the ATO clarified a trustees ability to make improvements to an asset where the fund uses its own resources, removing the stigma attached ...

SMSFs dominating super assets

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
... of SMSF advisors, including SPAA accredited SMSF Specialist Advisors and Auditors. According to the Australian Tax Office (ATO) the SMSF sector remains the largest sector of Australia's super industry, with 99% of the number of funds and over 30% of ...

SMSF sector tackling misconceptions

ELISE BURGESS  |  WEDNESDAY, 7 DEC 2011
... draft pension ruling and auditors," said Burgess. The draft pension rulings released from the Australian Taxation Office (ATO) in July this year questioned when a pension starts and ceases. "That will have implications for the way funds are structured ...

Super industry responds to MYEFO

ELISE BURGESS  |  WEDNESDAY, 30 NOV 2011
... those aged under 50 for another year, however overall it welcomed the MYEFO decision to allow the Australian Taxation Office (ATO) to auto-assess the entitlement of low-income earners. The Self-Managed Super Fund Professionals' Association of Australia ...

AustralianSuper gives Alphinity $400+ million mandate

ELISE BURGESS  |  MONDAY, 7 NOV 2011
... 400,000 members to a total value of over $1 billion. The super fund has completed cross referencing its database with the ATO's Lost Super Register to recover the lost funds. "Lost super is not a new problem but it remains a significant issue for many ...

ASFA gets behind phoenix reforms

RACHEL DAVIS  |  MONDAY, 31 OCT 2011
... Minister for Financial Services and Superannuation, Bill Shorten, the legislation will empower the Australian Taxation Office (ATO) to legally pursue directors if a company's superannuation guarantee liability and pay-as-you-go (PAYG) tax remain unpaid ...

SG High Court challenge lost

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
... employees' superannuation on time, to instead pay the superannuation guarantee charge (SGC) to the Australian Taxation Office (ATO), which then transfers the SG amount plus an interest component to the employee's superannuation fund. Previously the Full ...

New online super tracking portal

ELISE BURGESS  |  MONDAY, 26 SEP 2011
... superannuation accounts holding $18.8 billion. In a bid to make super consolidation an easier process, the Australian Taxation Office (ATO) is currently developing a new online form for Australians to track down any lost super accounts in their name. ...