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Showing 81 - 90 of 1028 results for "Taxation"

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AustralianSuper warns outdated tax laws will hurt returns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 ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
While the official word will come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... to perform under the SIS Act, the Superannuation Industry (Supervision) Regulations 1994. In late 2022, the Australian Taxation Office (ATO) selected three audits compiled by Islam for three different super funds and had expressed concerns. The ATO referred ...

AFCA chief operating officer departs

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... new portal for consumers," Locke said. Prior to joining AFCA Untersteiner spent more than 13 years with the Australian Taxation Office in various roles including assistant commissioner and acting chief financial officer from August 2016 to June 2017. ...