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Showing 61 - 70 of 1011 results for "Taxation"

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... because "more needs to be done" to understand how the tax system is being weaponised and what actions the Australian Taxation Office (ATO) should take to respond, found that many victim-survivors usually only discover the abuse after they receive notifications ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... obligations." The FY26 total amount is $3.1 million less than the FY25 levy of $246.1 million or 1.3% lower. The Australian Taxation Office's (ATO) levy is set to be $37.2 million in FY26. The consultation closes on April 25.

FAAA expands policy team

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... tools and guidance. He has over 30 years of experience in financial advice, including technical advice on superannuation, taxation, estate planning and social security entitlements, professional standards and advice. During his 25 years at Macquarie ...

Tax rules clarified for managed investment trusts

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... concessional withholding tax rates in Australia. Federal Budget documents said that change complements the Australian Taxation Office's strengthened guidelines to prevent misuse. This measure will apply to fund payments from 13 March 2025. The government ...

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... for purpose. Coinciding with the release of the digital asset industry statement, the government published the Board of Taxation's review into the tax treatment of digital assets and transactions. The report found existing tax laws are sufficient to ...

Government releases draft payday super law

ANDREW MCKEAN  |  FRIDAY, 14 MAR 2025
... Jones said employers will face tougher penalties for "longer, larger, and repeated failures." Notably, the Australian Taxation Office estimates $5.2 billion worth of super went unpaid in 2021-22. "This change will strengthen Australia's superannuation ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... foreign investment and the generation of foreign income is likely to "grow exponentially." "The rules in relation to the taxation of foreign income are complex. Navigating and complying with the multiple complex regimes that apply to tax foreign investment ...

Foreign investors banned from buying homes

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... significantly increase housing supply or support to availability of housing supply. "We will also bolster the Australian Taxation Office's (ATO) foreign investment compliance team to enforce the ban and enhance screening of foreign investment proposals ...

Australians don't trust politicians with their super: FSC

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... Australians as a result of the deliberate decision not to index the $3 million threshold," Briggs said. Analysis of Australian Taxation Office (ATO) data commissioned by the FSC last year found that more than 500,000 current taxpayers - many under the ...

One more vote needed for $3m super tax

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
... the association is "strongly against" the legislation. "We have two primary objections to this measure, including the taxation of unrealised capital gains and the lack of any indexation, so that over time it will impact many more Australians," Anderson ...