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Showing 71 - 80 of 100+ results for "Australian Tax Office"

Cbus opposes smaller super guarantee penalties

DARREN SNYDER  |  WEDNESDAY, 26 AUG 2015
... already exceeds $2.5 billion per year. Atkin said in a recent report to government the Audit Office noted the Australian Tax Office's (ATO) own internal risk assessment indicates that as many as 11 to 20% of employers could be non-compliant with their ...

Frydenberg relaxed about SMSF borrowing

DARREN SNYDER  |  MONDAY, 24 AUG 2015
... income issues, including the relationship between superannuation and the Age Pension. He added that the Australian Tax Office (ATO) has reported that all superannuation funds are now SuperStream compliant and more than 250,000 employers are now making ...

Put your tax return in to super

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
... powerful habit that improves their standard of living in retirement," Cahill said. Club Plus Super said the Australian Tax Office (ATO) believes at least 77% of taxpayers are likely to get a refund this year, with the average amount to be more than $3,600. ...

EOFY means new laws and new products

DARREN SNYDER  |  WEDNESDAY, 1 JUL 2015
... SuperStream, early access to super for terminally ill patients and new significant investor visa (SIV) rules. The Australian Tax Office (ATO) expects more than 25 million member contributions will be processed using SuperStream -an electronic platform ...

Employers given October SuperStream deadline

DARREN SNYDER  |  WEDNESDAY, 10 JUN 2015
Although medium to large employers must be SuperStream compliant by June 30, the Australian Tax Office (ATO) will continue to help and educate employers through to October. In a joint letter from the ATO and the Australian Prudential Regulation Authority ...

Super non-compliance endemic: ATO

DARREN SNYDER  |  TUESDAY, 9 JUN 2015
... Promoting Compliance with Superannuation Guarantee Obligations, highlights conflicting positions from the Australian Tax Office (ATO) on super payments. Publicly the ATO has said "overall employers demonstrate high levels of voluntary compliance" yet ...

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... individuals' funds "that may be managed by financially inexperienced individuals." The commission said allowing the Australian Tax Office (ATO) to address wrongdoing and non-compliance by SMSF trustees; capturing rollovers to SMSFs as a designated service ...

SMSFs need more investment diversity: FinaMetrica

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... call came on top of managed funds data recently released by the Australian Bureau of Statistics (ABS) and Australian Tax Office (ATO). It showed SMSFs' share holdings had jumped 10.5% to $193.1 billion in the March quarter and cash and term deposits ...

SuperStream deadline nearing for employers

DARREN SNYDER  |  WEDNESDAY, 27 MAY 2015
... to large employers are being reminded their June 30 deadline to be SuperStream compliant is nearing. The Australian Tax Office (ATO) provided the reminder today and said employers should be well progressed on SuperStream implementation. SuperStream is ...

ATO exec leaves to join consulting firm

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
The Australian Tax Office (ATO) assistant deputy commissioner for superannuation has left the regulator to join Brisbane-based consultancy firm McPherson Super Consulting. Stuart Forsyth was involved in drafting the ATO ruling on limited recourse borrowing ...