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Showing 61 - 70 of 346 results for "Australian Taxation Office"

Australians Googling for advice

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... topics within financial advice, Google Trends reported a 5000% surge of search interest. These were: Australian Taxation Office, ethics, AustralianSuper, conflict of interest, strategy, broker, retirement, and certified public accountant. Unlicensed ...

ATO releases finding from super survey

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
The Australian Taxation Office (ATO) has released the key takeaways from its bi-annual survey of APRA-regulated super funds. Twice a year the ATO survey Australia's large super fund industry on ways it can improve its services and engagement with the ...

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
The Australian Taxation Office (ATO) has confirmed it is still working with the Australian Federal Police (AFP) to crack down on early release of super scams which cost Australians over $6 million. Combined, the value of scams rose 23% in 2020, with ...

Foreign investors face tip offs

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
... about individuals breaking the foreign investment rules can complete an online tip off form or call the Australian Taxation Office hotline.

ATO backs SMSFs as strong retirement choice

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The Australian Taxation Office assistant commissioner said he is focused on ensuring SMSFs remain a strong and credible retirement planning choice for Australians going forward. In an end of year message, assistant commissioner Justin Micale said as ...

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
How much did Challenger, Perpetual, UBS and J.P. Morgan pay in taxes? The Australian Taxation Office has released the latest numbers. The ATO's latest Corporate Tax Transparency report found AMP Limited as the financial institution outside the big ...

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... COVID-19, with members dumping their allocation to listed shares over the past year, new data shows. The Australian Taxation Office quarterly statistical report for September 2020 shows allocation to listed shares has reduced by nearly $30 billion in ...

Off-platform assets consume advisers' time

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... of managed accounts and investments, including custodial and non-custodial assets." According to the Australian Taxation Office, some $342 million of the $733 billion SMSF industry is invested in assets that are challenging to hold on platforms, such ...

ATO prepares for end of ERS

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
The Australian Taxation Office (ATO) has announced the end of year shutdown and program closure arrangements for the early release of super (ERS) scheme. Since April 3.3 million Australians have taken over $34 billion out of their retirement savings ...

Public servants caught in SG bungle

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... as a result of misinterpreting tax legislation and coding errors. The issues came to light after the Australian Taxation Office published advice relating to the application of superannuation guarantee (SG) to recreation leave loading, which then prompted ...