The latest issue of Financial Standard now available as an e-newspaper
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|... paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice. Asher added that retirement incomes could rise by 15% to 30% if super ...|
|... of applications as Australians rush to remove a further $10,000 from their super. This was foreshadowed last week when the ATO website crashed due to the number of Aussies logging on to complete their tax return and apply for the second round of ERS. ...|
|... access a second sum. Eligible Australian and New Zealand citizens and permanent residents are able to apply online through the ATO to access up to $10,000 of their superannuation from 1 July 2020 until 24 September 2020.|
|... the first day of the new financial year as Australians rushed to lodge tax returns and apply for the new round of ERS. The ATO said it was aware that a number of Australians trying to access its website to lodge returns or apply for the early release ...|
|... 2020-2 has been released by the Australian Accounting Standards Board (AASB) and will come into effect from 1 July 2021. The ATO said it will change the reporting requirements of certain for-profit private sector entities which will no longer be able ...|
|The Australian Taxation Office (ATO) said it is building on its significant efforts, zeroing in on fraud and schemes designed to take advantage of the government's COVID-19 stimulus package. This includes JobKeeper, early release of superannuation ...|
|New ATO data has brought ASIC's SMSF expense fact sheet under renewed pressure. Freshly released ATO figures show the median "operating expense" of SMSFs is $3923 a year, a stark contrast from data published by ASIC last year which stipulated the ...|
|... average payment still hovering around the $7500 mark. The 10 funds with the highest number of applications received from the ATO have made 1.42 million payments worth a total of $10.46 billion. AustralianSuper, the country's largest super fund, is ...|
|The Australian Taxation Office (ATO) has cracked down on those misusing the Early Release of Superannuation scheme in a move that has been welcomed by the Industry Super Australia (ISA). The ATO said it is beefing up enforcement efforts saying it is ...|
|... July 16 unit pricing, and a second payment of the remainder to be made when the unit price of the day of receipt from the ATO is available. According to APRA data, LESF has paid out about $6.2 million in early release requests, while Smartsave has paid ...|
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic.
Funds from IOOF, Vanguard and Fiducian figure among the top-five performers among wholesale funds, in the latest Rainmaker Information tables to May end.
Pengana Capital's national sales manager for private banking and wealth has left the firm after more than five years, setting his eyes on a new life in sunny Queensland.
In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice.
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