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Showing 1 - 10 of 408 results for "Australian Taxation Office"

SMSFA backs review of ATO's regulatory approach

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
... The SMSF Association (SMSFA) has welcomed the Australian National Audit Office's (ANAO) review of the Australian Taxation Office's regulation of self-managed super funds, describing it as a timely opportunity to assess whether the regulatory framework ...

ATO reveals highest paid jobs, postcodes

VINNY VUCAGO  |  FRIDAY, 19 JUN 2026
... is home to Australia's highest earning postcode for the first time, according to newly released Australian Taxation Office (ATO) data, as taxable incomes, capital gains and superannuation balances continue to climb. The ATO's annual Taxation ...

Super balances rise but gender retirement gap remains stubborn

VINNY VUCAGO  |  FRIDAY, 19 JUN 2026
... among those approaching retirement. Analysis by the Super Members Council (SMC) of recently released Australian Taxation Office data found median super balances increased 5.5% overall during the year, reflecting the continued strength of Australia's ...

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
APRA's funding levy will rise by 4.2% to $253.3 million for the 2027 financial year, Treasury estimates show, with superannuation funds expected to cover one third of this charge. Split across the sectors it regulates, APRA apportioned $81.2 million ...

ATO sounds alarm as Payday Super deadline nears

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
The Australian Taxation Office has urged employers to act immediately ahead of the introduction of Payday Super on July 1, warning businesses have just five weeks remaining to prepare for one of the biggest changes to the superannuation system in years. ...

Law blocking abusers hiding super assets passes parliament

VINNY VUCAGO  |  FRIDAY, 15 MAY 2026
... offender if compensation remains unpaid for more than 12 months. Victims will also be able to apply to the Australian Taxation Office to identify eligible super balances before seeking access, with safeguards built into the process. The legislation further ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... comes off the back of the number of discretionary trusts more than doubling over the past 20 years. The Australian Taxation Office estimates there were 1.02 million registered trusts in the 2023 financial year that made total business income of $489 ...

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... has come under scrutiny following claims it incorrectly reported superannuation contributions to the Australian Taxation Office for an individual who was never a member of the fund. The issue was raised publicly by financial planner Matt Marsh of PlanPlus ...

Unpaid super costs workers $24.4bn: SMC

VINNY VUCAGO  |  MONDAY, 4 MAY 2026
... The change is expected to improve transparency and make it easier to detect underpayments early. The Australian Taxation Office is expected to take a transitional approach to enforcement in the first year, focusing on supporting employers adjusting to ...

Foreign resident CGT rules up for consultation

KARREN VERGARA  |  MONDAY, 13 APR 2026
... resident disposes non-IARPI membership interests valued at $50 million or more, they may notify the Australian Taxation Office in the approved form and provide a vendor declaration to the purchaser confirming that they are exempt from withholding obligations. ...
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