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Showing 81 - 90 of 323 results for "Taxpayers"

Former energy minister nabs role at investment group

ALLY SELBY  |  THURSDAY, 3 SEP 2020
... the significant capital needed to achieve Australia's clean energy transition at the lowest cost to consumers and taxpayers," he said. "Now is the time for investors to have a unified and permanent voice which delivers the advocacy needed to shape ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... early release of superannuation scheme, arguing it will significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while a spike in Age Pension expenditure would likely be ...

Tax fraud goes from paradise to prison

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... the persistence of the tax office to hold enablers of illegal schemes accountable and securing an outcome for honest taxpayers. "Tax crime is not victimless. This arrangement was set up to deliberately evade paying tax, which is money that could have ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... Australians removing their super without meeting the requirements. "The consequences of these administrative failures for taxpayers are dire," he said. "Fines of up to $12,600 for false declarations and withdrawals, tax liabilities on fund withdrawals ...

IFM pledges to kickstart COVID-19 recovery

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... projects are delivered in a cost and time efficient manner in a way that benefits the community. "This model is a win for taxpayers and it's a win for working Australians: it will help grow their superannuation returns, while delivering them the public ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... ongoing commitment from all involved. "Tax fraud takes money away from essential community services and leaves everyday taxpayers to pick up the bill. It's not a victimless crime - it impacts every single Australian who wants to do the right thing," ...

ATO extends WFH deductions

ALLY SELBY  |  MONDAY, 13 JUL 2020
... they worked at home due to COVID-19, with the ATO extending the simplified tax deduction method until September 30. Taxpayers will only be required to keep a record of the hours they worked from home from March 1 until the end of September to claim the ...

ATO streamlines tax return process

ELIZA BAVIN  |  FRIDAY, 12 JUN 2020
... from home arrangements. Assistant commissioner Karen Foat said the ATO has a range of different approaches to support taxpayers and the community through this tax time. "We know many of our clients and their agents will have questions about how different ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... of COVID-19 as an excuse for the bailout is "beyond galling". "Even by this state's low standards, asking federal taxpayers from California to North Carolina, from North Dakota to Texas - farmers, small business owners, teachers, nurses, bus drivers ...

ERS paused as AFP investigates fraud

ELIZA BAVIN  |  FRIDAY, 8 MAY 2020
... there is nothing more that the ATO can do." Sukkar said he was saddened that, in the current environment, the ATO and taxpayers are under attack, along with taxpayers personal information. "It is under constant attack. It is literally under constant ...