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Showing 61 - 70 of 903 results for "Taxation"

Government to close child sex abuser loophole in super

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... proceedings, available to the victim for the purposes of paying compensation. Courts would also be entitled to access Australian Taxation Office (ATO) data about offenders' superannuation accounts, giving transparency to victims of their assets. ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... Australian government to scrap the stage three tax cuts, and to instead implement a systemic and wide-ranging increase in taxation of the super-rich. The organisation has calculated that a wealth tax of 2% on those with wealth above $7 million, 3% with ...

ASIC FAR to display adviser QTRP status

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
... 'qualified tax relevant providers' (QTRPs). The new requirements are the completion of specific courses in commercial law and taxation law, however some exceptions apply, ASIC said. There may also be additional continuous professional development requirements ...

Government eyes crackdown on super tax concessions

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
... minister for financial services Stephen Jones spoke at the Australian Financial Review Super & Wealth Summit, saying the taxation of superannuation is one of the most important conversations to have. "Superannuation is a lightning rod for discussion ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... MYEFO measure that proposed to amend the debt/equity tax rules; the 2016-17 Budget measure that proposed changing the taxation of financial arrangements (TOFA) rules; and proposed changes to the taxation of asset-backed financing arrangements. It has ...

TPB, bans dishonest tax agents

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
... prepared and lodged self-managed superannuation fund (SMSF) annual returns with incorrect details. Following an Australian Taxation Office (ATO) referral the TPB found the agents falsely stated the funds' annual audits had been completed. According ...

Piecemeal super taxes won't fix budget deficit: FSC

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... media, financial services industry, and policy circles. The initial focus of the research was on three areas of super taxation and contribution settings that might be considered ways to raise additional revenue. Measure one introduced a $5 million limit ...

Charter Hall secures ATO HQ

CHLOE WALKER  |  TUESDAY, 20 SEP 2022
... Charter Hall Group has acquired a $300 million site in Canberra to construct the new headquarters for the Australian Taxation Office (ATO). Located near Parliament House, the 33,000sqm, five-storey building will be developed by the property fund giant ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... unjustifiable consequences for superannuation. "The rules should be re-worded or re-drafted to require the Commissioner of Taxation to decide that the section applies and to allow trustees to rectify transactions in certain situations," it said. The ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
... but regulation is struggling to keep pace and adapt with the crypto asset sector." The government said the Australian Taxation Office (ATO) estimates more than one million taxpayers have interacted with the crypto asset ecosystem since 2018. However ...