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Showing 61 - 70 of 156 results for "Tax System"

Government mulls reforms to tax residency rules

JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
... advisory board said the inadequacy is of increasing prevalence and has the potential to weaken the integrity of the income tax system. "These tests are complex to apply, require an understanding of common law and often require an individual to seek third-party ...

Aussie funds to access Asian markets

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... Australian fund managers will be disadvantaged if the Government fails to reform Australia's uncompetitive withholding tax system. "Australia's complex withholding tax system for funds management raises little money, but harms our competitiveness. ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... 2018 also includes other measures, aimed at streamline the SG system and supporting the integrity of superannuation tax system. The Bill will allow employees working for multiple employers to apply to the ATO for an exemption certificate for some of ...

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... cruel hoax after promising older Australians they would address the crisis." In response to simplifying the personal tax system that proposes abolishing the 37% tax bracket entirely in 2024-25, Shadow Treasurer Chris Bowen described it as "ridiculous" ...

Application fees increase for tax advisers

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... continues to evolve in response to changing business practices, technological improvements and globalisation of the tax system."

Asia Region Funds Passport legislation tabled

JAMIE WILLIAMSON  |  THURSDAY, 29 MAR 2018
... Australian fund managers will be disadvantaged if the Government fails to reform Australia's uncompetitive withholding tax system. "Australia's complex withholding tax system for funds management raises little money, but harms our competitiveness. If ...

GBST and super fund collaborate for tax relief

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
... super reforms. Qantas Super will use GBST's TaxIntell solution to assist members in transitioning from the current tax system to the new regime, providing transparency and audit functionality in managing and calculating capital gains tax. Under the latest ...

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
... taxpayer funded retirement, she said. The Australian Shareholders' Association (ASA) also strongly opposed "tweaking the tax system." The proposed changes will penalise investors who prefer high dividend-paying Australian shares where the 30% corporate ...

Asset test rules hurting retirement savings: SMSFA

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2018
... outcomes for individuals and couples," Maroney said. The association agrees with the proposals of the Australia's Future Tax System Review, recommending that a single comprehensive means test is used to ensure that assets are fairly accounted for, he ...

Treasurer backs APRA's CBA probe

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
... in the audience, who is also a medium-sized business owner, pointed out that Australian investors under the franking tax system, were not benefiting from the tax cuts. A reduction in tax means a reduction in franking credits, while advantageous for foreign ...