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Showing 871 - 880 of 959 results for "ATO"

SMSFs on govt watch

MICHAEL HOBBS | THURSDAY, 13 MAR 2008

... they have the appropriate investment skills and be aware of taxation and regulation requirements. "In a recent survey, the ATO found that 21 per cent of participating trustees had a low to medium or low knowledge of their obligations. This suggests a ...

Super funds want more

... simplify disclosure requirements and create a single 'super-regulator' to take over various functions from ASIC, APRA and the ATO. Those who participated in the survey represented more than 1 million super fund members and more than $75 billion in superannuation ...

More education for SMSF auditors

MICHAEL HOBBS | WEDNESDAY, 27 FEB 2008

... Self Managed Super Fund (SMSF) sector demands greater education to ensure trustees and auditors remain competent, said the ATO. Ian Read, Australian Tax Office acting deputy commissioner of superannuation, said the growth of SMSFs must be backed by a ...

CommInsure tracks lost super

RUTH LIEW | FRIDAY, 18 JAN 2008

... 74,000 members with over $161 million of their lost super. The data-matching initiative aims to expand on the work of the ATO who track lost accounts via Tax File Numbers. The program has been used to conduct the data-matching procedure and mailout to ...

Non-TFN tax attack

MICHAEL HOBBS | WEDNESDAY, 5 DEC 2007

... with their superannuation plans and, they will never be able to get the cover again," he said. The Australian Tax Office (ATO) estimates that almost 1.1 million or 8 per cent of active super accounts do not have a TFN.

ATO fines SMSF $62k

MICHAEL HOBBS | MONDAY, 29 OCT 2007

As the Australian Tax Office cracks down on SMSF misuse, a trustee couple representing Axent Group have been fined up to $62,500 for using nearly $150,000 in fund assets to pay their personal debt. The group has been fined $30,000 after selling property ...

Legalsuper recovers a million in super

... ID and so on," said Maxine Jacona, legalsuper's chief operating officer. Jacona said the average amount reclaimed from the ATO (which holds all "lost super" account balances) is $460 but the majority will be in the low hundreds. "Anecdotally, we have ...

ATO signs up debt collection heavyweights

The Tax Office has signed four of the country's largest debt collection agencies to help collect outstanding tax debts and superannuation guarantee (SG) charge debts starting later this year. The Tax Office has appointed a panel of external collection ...

Asgard eWRAP admin fees down 7.5pc

... for St.George Wealth said the fee reduction comes after Asgard received a Private GST Ruling from the Australian Tax Office (ATO) that eWRAP Investment is an 'entity' under GST law. This meant the platform can now claim a Reduced Input Tax Credit (RITC) ...

Perpetual charity

MICHAEL HOBBS | TUESDAY, 11 SEP 2007

... fund is designed for organisations with non-tax paying status that satisfy the requirements of the Australian Tax Office (ATO). To ensure these organisations can apply for a refund on any imputation credits attached to franked dividends, the fund has ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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