Search ResultsShowing 1 - 10 of 100+ results for "Australian Tax Office"
Google to pay ATO $481.5m
ALLY SELBY  |  THURSDAY, 19 DEC 2019
The Australian Tax Office has celebrated a major win, with tech giant Google set to cough up an extra $481.5 million on top of its previous tax payments. It comes following a 10 year dispute between the ATO and Google. Microsoft, Apple and Facebook ...
Pay jockeys super: Federal Court
ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
... racing clubs and state racing boards are required to pay superannuation for jockeys. The court upheld the Australian Tax Office's super guarantee charge assessments in regards to riding fees paid to jockeys during the period 1 July 2009 to 30 June 2014. ...
ATO issue SMSF scam warning
ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
The Australian Tax Office has issued a warning against promoters of illegal self-managed superannuation schemes. The ATO is reminding consumers that SMSF schemes promising to allow you to withdraw super early can be illegal. "You can only access your ...
ASIC zeroes in on SMSF auditors
HARRISON WORLEY  |  WEDNESDAY, 6 NOV 2019
... peer reviews of three of his audits, a condition imposed on his registration following a referral from the Australian Tax Office. Queensland auditor Darryl Iseppi was also stripped of his qualification after ASIC discovered "significant auditor independence ...
AFCA appoints chief operating officer
ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
The Australian Financial Complaints Authority (AFCA) has appointed a chief operating officer from the Australian Tax Office. Justin Untersteiner will join AFCA from the start of December. AFCA chief executive and chief ombudsman David Locke said Untersteiner's ...
State Street ETF in franking credit kerfuffle
KANIKA SOOD  |  THURSDAY, 15 AUG 2019
... office-approved limit to pass on any franking credits to investors. State Street has now applied to the Australian Tax Office asking for its choice of this limit called the 'benchmark ceiling' to be revoked, according to August 14 ASX filings. Meanwhile ...
ATO warns of SMSF concentration risk
KRISTI CHENG  |  WEDNESDAY, 14 AUG 2019
The Australian Tax Office is set to contact tense o thousands of SMSFs warning of the risks of being too concentrated. The ATO announced it will be contacting around 17,700 SMSF trustees and auditors at the end of the month who they suspect may be holding ...
Australian fintech, Deliveroo partner
KRISTI CHENG  |  TUESDAY, 23 JUL 2019
... face, with sole traders having the highest turnover rates of all businesses and landing in debt to the Australian Tax Office. The partners highlighted the 'set and forget' approach and the transferability of the service: riders' savings will continually ...
ASIC moves against SMSF auditor misconduct
HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... auditing standards, and minimum CPD hours. Most matters were referred to the corporate regulator by the Australian Tax Office, ASIC confirmed. Three New South Wales auditors were disqualified by ASIC, including Tram Tran for not being a fit and proper ...
ATO clarifies SMSF death benefit income streams
KARREN VERGARA  |  MONDAY, 22 JUL 2019
The Australian Tax Office has released a new explanatory note on death benefit income streams, which a self-managed superannuation fund specialist has labelled as "confusing". The ATO said SMSFs recently raised a number of questions around the interaction ...
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