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Showing 61 - 70 of 1028 results for "Taxation"

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... will facilitate further progress to stabilise the international tax system, including a constructive dialogue on the taxation of the digital economy and on preserving the tax sovereignty of all countries." While the G7 recognises that these issues have ...

Average super balance grows to $172k: ATO

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... superannuation balance grew 5% to $172,000 at the end of the 2023 financial year, new statistics from the Australian Taxation Office reveal. Women had an average super balance of $154,641, while men had $192,119. The median was $54,349 and $68,568 respectively. ...

SMSFs' risk appetite to change under Division 296: Wilson

MATTHEW WAI  |  MONDAY, 30 JUN 2025
... funding or personal contributions. "As personal contributions come from the individual where they would be liable for taxation costs on unrealised gains it is prudent as a cross check to have them captured, as a trade-off decision for a small business ...

Dodgy dentist defrauds members after draining super for medical procedures

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... to 69 counts of theft. After relocating to Australia, Hurst was permitted to continue practising dentistry. Australian Taxation Office (ATO) data for the 2024 financial year shows it approved the release of more than $1 billion of superannuation on medical ...

Pacific workers face barriers to claiming super: University

ANDREW MCKEAN  |  TUESDAY, 17 JUN 2025
... tourism sectors as of March. Uni SA senior lecturer and manager of its tax clinic Rob Whait highlighted that the Australian Taxation Office holds significant unclaimed superannuation owed to PALM workers. "Completing the required paperwork requires workers ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... to 1.8 million Australians could be affected by the tax at their retirement. Waterhouse said the ASA is not opposed to taxation, but "introducing this measure without a holistic review of the broader tax system and forcing people to act against their ...

Super moves: TCorp, ESSSuper, Funds SA, Team Super

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
... with practical experience in infrastructure investment evaluation. Additionally, his background includes international taxation through his work as a transfer pricing consultant at EY, where he navigated the complexities of multinational business structures ...

Islamic finance industry association established

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
... Islamic Money Australia, and Awqaf Australia. The group said it will be initially focused on: advocating for stamp duty and taxation changes to align with Islamic banking and finance requirements, and inform members of existing and proposed legislation ...

Industry groups hammer out guidance on tax-deductible advice fees

ANDREW MCKEAN  |  MONDAY, 26 MAY 2025
... financial advice fees. The guide covers the legislative background and key definitions related to tax (financial) advice and taxation law. It outlines three potential methodologies for apportioning fees and provides examples, Statement of Advice text ...

CSC, Future Fund, RBA pay data released

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... such as the Commonwealth Super Corporation (CSC), the Reserve Bank of Australia (RBA), Future Fund and the Australian Taxation Office (ATO). "Releasing public sector gender pay gaps for the first time today places a spotlight on these employers, like ...