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Showing 861 - 870 of 959 results for "ATO"

SMSFs take up instalment warrants

MICHAEL HOBBS  |  FRIDAY, 27 JUN 2008
... trustees. He said SMSF trustees may have been scared off previously using instalment warrants after the Australian Tax Office (ATO) mentioned it was closely inspecting the aggressive marketing techniques used by some product providers. "When the ATO ...

REST targets member TFNs

RUTH LIEW  |  THURSDAY, 26 JUN 2008
... lost them. The super fund will be passing on the message via the REST website, and liaising with the Australian Tax Office (ATO) to take a collaborative approach on collecting TFNs. Lastly, they will also be highlighting non-quotation of TFN on members ...

ATO sends warning to super fund trustees

MICHAEL HOBBS  |  MONDAY, 16 JUN 2008
The Australian Tax Office (ATO) is warning financial advisers and accountants to ensure their clients aren't moving assets into their funds and failing to report the total value of their portfolio to avoid raising their tax costs. Michael D'Ascenzo ...

Wash sales left to dry: GMK Centric

MICHAEL HOBBS  |  FRIDAY, 30 MAY 2008
... through two different brokers to recognise a tax loss without any changes to their real position In January this year, the ATO warned of its intention to apply the general anti-avoidance provisions of Part IVA to wash sales because it found little commercial ...

Temp residents worse off from new super rules

MICHAEL HOBBS  |  THURSDAY, 22 MAY 2008
... Deloitte tax partner, said it would be difficult to calculate exactly how much could be diverted to the Australian Tax Office (ATO) under the proposed changes, but the $1 billion estimate was plausible. "The devil is in the detail and when you look closely ...

Wayne the nation builder

ALEX DUNNIN  |  WEDNESDAY, 14 MAY 2008
... initiatives like winding back the Financial Literacy Foundation, launching the national clearing house and scaling back the ATO super choice advertising budget. The stability has been welcomed by ASFA. But recognising that fixing the economy and fighting ...

SMSF trustees wise up

MICHAEL HOBBS  |  WEDNESDAY, 7 MAY 2008
... Superannuation Services research has found one in 12 self managed super funds (SMSF) continue to break Australian Tax Office (ATO) rules, but the range of non-compliance offenses had tapered. The SMSF research is based on an audit of almost 500 SMSFs ...

Give advice a tax break

... commissions selling and towards offering impartial advice," said ISN's executive manager, David Whiteley. Broadly speaking, the ATO does not recognise financial advice as tax deductible because it views advice as related to generating capital, not income. ...

ATO warns on super loans

WWW.THESHEET.COM  |  MONDAY, 7 APR 2008
... superannuation to be careful about the types of loan arrangements they get into. In a taxpayer alert issued on Friday the ATO said trustees had to ensure that in entering into a loan contract they did not breach provisions of the Superannuation Industry ...

New voice for SMSFs

RUTH LIEW  |  WEDNESDAY, 2 APR 2008
... minority may be lagging behind according to the results of a recent Australian Taxation Office survey, said Senator Sherry. "The ATO found that 21 per cent of participating trustees had a 'low to medium' or 'low' knowledge of their obligations. This ...