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Showing 61 - 70 of 111 results for "personal income"

Centuria Life launches investment bond funds

LAURA MILLAN  |  MONDAY, 26 OCT 2015
... additional contributions to their investment each year, and if they hold the bond for 10 years or more, they pay no personal income tax on their investment returns," Centuria Life general manager Neil Rogan said. "At the same time, if for some reason ...

Aussie pension policy needs careful adjustment: IMF

DARREN SNYDER  |  THURSDAY, 1 OCT 2015
... tax rate on superannuation contributions than on other earnings. "Aligning tax rates on contributions closer to personal income tax rates would reduce concessions for higher earners and enhance revenue and could improve housing affordability, and financial ...

Consensus emerging on Tax White Paper

DARREN SNYDER  |  THURSDAY, 16 JUL 2015
... of dividend imputation." The Treasurer said in 2012, the top 10% of individual taxpayers paid nearly half the personal income tax collected by the government, and this "is an over-reliance and dependence on a narrow base to support our social infrastructure." ...

GST increase would deliver $42 billion: FSC

DARREN SNYDER  |  MONDAY, 6 JUL 2015
... FSC's submission to the Tax White Paper are four key proposals including a 22% company tax rate by 2020; lower personal income taxes; abolition of state stamp duties; and a higher GST. FSC director of policy, Andrew Bragg, said Australia's heavy reliance ...

US data says...

BENJAMIN ONG  |  TUESDAY, 2 JUN 2015
... revised 0.5% gain (from negative 0.6%) in the previous month and expectations for a 0.7% increase. Then there's the personal income and outlays account and there's no argument with its indication - it was weak. While personal income increased by 0.4% ...

Market to open higher

AAP  |  TUESDAY, 2 JUN 2015
The Australian market looks set to open higher following gains on Wall Street overnight. At 0642 AEST on Tuesday, the June share price index futures contract was up 15 points at 5,745. Locally on Tuesday, the Reserve Bank holds its monthly board meeting ...

Hockey sounds tax alarm bells

ALEX BURKE  |  THURSDAY, 9 APR 2015
... in Australian lounge rooms." He argued that, as per the Discussion Paper, Australia was too heavily reliant on personal income tax and company income tax as a source of revenue - more so than any other OECD nation other than Denmark. He said it was particularly ...

Treasury opens discussion on tax reform

ALEX BURKE  |  MONDAY, 30 MAR 2015
... population ages, such as calls for higher spending on health and aged care, and relatively lower revenue from personal income taxes." The paper also warns repeatedly about "bracket creep", where individuals end up paying higher average rates of tax due ...

Centuria partners with Mason Stevens to deliver credit bond

ALEX BURKE  |  THURSDAY, 29 JAN 2015
... are taxed at a maximum of 30%; this is paid by Centuria from earnings on investors' behalf, and investors pay no personal income tax on the investment during its term.

Centuria launches tax efficient investment bond

MARK SMITH  |  TUESDAY, 2 DEC 2014
... reporting is conducted by Centuria and tax is paid on behalf of investors directly from earnings. Investors pay no personal income tax on the investment during its term and, if they hold it for more than 10 years, pay no tax on withdrawals. Implemented ...