Search ResultsShowing 1 - 10 of 100+ results for "Australian Taxation Office"
Super funds asked to model early release impact
KANIKA SOOD  |  TUESDAY, 31 MAR 2020
... superannuation funds' modelling of its expected impact will likely be at best, an educated guess. The Australian Taxation Office has been tasked with verifying the requests for early release of superannuation, while superannuation fund administrators ...
ATO to verify early release requests
ELIZA BAVIN  |  TUESDAY, 31 MAR 2020
Senator Jane Hume has confirmed the Australian Taxation Office will be responsible for verifying early release super requests. Hume, the assistant minister for superannuation, financial services and financial technology, told the AFR Wealth Summit the ...
ATO called to assist in early release super scheme
ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
The Actuaries Institute has called on the Australian Taxation Office to play a role in spreading the impact of withdrawals from the governments early release super scheme, estimating it will see $25 billion pulled from super. The government announced ...
ATO cracks down on HNWs
ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
The Australian Taxation Office has announced it will be expanding its Tax Avoidance Taskforce and introducing a new program targeting high wealth private groups. The ATO said in the 2016-17 financial year high wealth individuals and groups avoided paying ...
SuperConcepts names new chair
ELIZA BAVIN  |  TUESDAY, 3 MAR 2020
... Forsyth was a non-executive director at SuperIQ and assistant deputy commissioner superannuation at the Australian Taxation Office. SuperConcepts chief executive, Lara Bourguignon said Forsyth's SMSF experience will further bolster the positioning of ...
HUB24 also in line at Sargon
KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... and managers, according to the minutes. One of the eight companies, Sargon Services, also has the Australian Taxation Office as a creditor. Sargon Services has about 90 employees and little usable cash, stock or assets outside intellectual property and ...
Tax chiefs crack down on tax evasion
ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
... Enforcement (J5) was formed in 2018 after a call from the OECD Taskforce on Tax Crime. The J5 includes the Australian Taxation Office (ATO), Her Majesty's Revenue and Customs (HMRC) from the UK, Internal Revenue Service (IRS) Criminal Investigations ...
SMSF auditors in firing line
ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
... of study, including in ethics and audit and pass the SMSF auditor competency exam. ASIC praised the Australian Taxation Office for its assistance under the Superannuation Industry (Supervision) Act (SIS Act). "ASIC and the ATO work closely together as ...
DIY SMSF platform launched
ELIZA BAVIN  |  TUESDAY, 21 JAN 2020
... member statements produced. Although the application will not generate the tax return to lodge with the Australian Taxation Office, it does provide the tax calculations necessary to complete the return. Bain spent five years developing the application ...
New super fund to launch
ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
... Sydney, Melbourne and Perth. The fund was registered with APRA on 10 September 2019, according to the Australian Taxation Office. In Xplore Wealth's most recent business update , posted to the ASX on 15 January 2020, Elevate was referred to as a ...
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