Search Results | Showing 1 - 10 of 24 results for "Amnesty" |
| | | ... "In addition to her contributions to education, Leigh's leadership and insights during the 2024 Treasury legacy pension amnesty consultations were instrumental. "Her influence played a key role in shaping a legislative outcome that will benefit many ... |
| | | | ... and reserves, and how they should be calculated, according to the SMSF Association (SMSFA). The SMSFA is calling for an amnesty for legacy pensions in the upcoming federal budget as current draft regulations proposing to increase the 15% tax to 30% on ... |
| | | | ... against criminal offences. "The ATO has significantly more information-gathering powers than it did during the time of the amnesty, increasing its level of resourcing and entering into tax information exchange treaties with other jurisdictions," said ... |
| | | | ... highlighted several key measures that remain outstanding and are "significant" for the SMSF sector. "They relate to the two-year amnesty for legacy pensions conversions and the removal of the active member test and the extension of the temporary absence ... |
| | | | ... These measures include the reduction to the downsizer contributions age limit, work test exemption, and legacy pension amnesty. "It's encouraging to see SMSF advisers are positive about the outlook of business outcomes, despite the impending regulatory ... |
| | | | ... contributions for 67 to 74 year-olds, lowering the downsizer contribution age limit to 60 from 65, providing a two-year amnesty for exiting legacy retirement products, relaxing residency requirements for SMSFs and small APRA-regulated super funds. However ... |
| | | | ... transfer into newer, more flexible products without penalty under a new measure. The government is introducing a two-year amnesty for individuals in market-linked, life-expectancy, lifetime pension and annuity products from any provider which were commenced ... |
| | | | ... Over half a billion dollars of unpaid superannuation has been reunited with workers, as employers take advantage of the amnesty period to "wipe the slate clean". About 24,000 employers have admitted to underpaying staff approximately $588 million in ... |
| | | | ... compare what employers promise to pay and what they actually pay to their employees' super funds." But with the SG amnesty ending on September 7, eliminating the direct debit option can further aggravate the unpaid super problem. Dean Martin, chief ... |
| | | | There's an unlikely user of the government's current amnesty for employers who underpaid SG - a Sydney superannuation fund, which is currently reimbursing shortfalls to staff. Australian Catholic Superannuation and Retirement Fund underpaid ... |
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