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Showing 1 - 10 of 129 results for "GST"

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... farming clients, Timms said it is important to understand the nuances of Division 296 Tax, alongside property law, trust law, GST, and varying tax rules specific to farmland. "This, accompanied with the ability to manage family conflict and complex succession ...

Caddick SMSF clients should recoup all funds: Lawyer

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... digits. Authentic accounts usually have eight digits, while Caddick's accounts had six digits. Another example is that the GST line in those statements often didn't add up." The class action argues that at least one auditor should have at least ...

URF investors reject K2 as RE

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... Fund, and there are regulatory hurdles to overcome," E&P Financial said. In terms of fees, KAM charges 0.05% (exclusive of GST) and 0.225% in admin fees of gross assets. As RE, E&P Investments charged 0.08% and 0.25% respectively. On June 27, investors ...

Abolishing FDSs a major win: Panel

KARREN VERGARA  |  TUESDAY, 16 MAY 2023
... are not intentional. Some examples include aligning revenue with the correct time period, and advisers charging a different GST amount to the platform. There are also advisers who have too many services in the ongoing service agreement versus their FDS ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... tax revenue is of course expected to recover as fund returns recover, but still only to where it was in 2022. Revenue from GST revenue, that jumped 12% from $73 billion in 2021-22 to $82 billion in 2022-23, is still 14% of total tax receipts. Excise ...

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... Another incentive will provide cashflow relief for about 2.1 million SMEs, which will see their quarterly tax instalments for GST and income tax in 2023-24 increase by 6% instead of 12%. Chalmers said the reduction better reflects the economic conditions ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... recommendation and, when questioned on his reasons said that from his point of view there are "distributional issues" with the GST in particular. "Every cent goes to the state and territory governments," he said. "And so, it wouldn't be an opportunity ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... increasing revenues include redesigning the Stage 3 tax cuts so they are less generous to the highest income earners; raising GST to 15% with compensation for the most vulnerable households and 50% of the revenues shared among the states; winding back ...

Super fund reaches dispute settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAR 2023
... with the terms of the lease initially reached in January 2022. The 10-year lease was to commence 1 June 2022 at $521,000 plus GST and outgoings, with annual increment of 3%. However, the plans were dumped about a year later following a review and a decision ...

Morningstar launches managed accounts portfolios

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... over a rolling three-year period. The six portfolios charge investment management fees of 0.275% per annum, which includes GST. From May 2023, Morningstar will introduce the Medalist Rating to replace current the Analyst Rating that uses a gold, silver ...
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