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Search ResultsShowing 1 - 10 of 14 results for "Michael Sukkar"
Granny flat tax exemption to become law
ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
... would provide a targeted capital gains tax (CGT) exemption for formal granny flat arrangements. Assistant treasurer Michael Sukkar under the measure CGT will not apply to the creation, variation or termination of a formal written granny flat arrangement ...
Government backs disciplinary body in principle
KARREN VERGARA  |  MONDAY, 30 NOV 2020
... to regulate tax (financial) advisers in consultation with ASIC, FASEA, the TPB and Treasury, Assistant Treasurer Michael Sukkar said. Recommendation 7.1 also suggests there should be a single point of registration for individuals, one code of conduct ...
Tax Practitioners Board adds members
ANNABELLE DICKSON  |  MONDAY, 19 OCT 2020
Assistant Treasurer Michael Sukkar has announced the appointments of three part-time members of the Tax Practitioners Board for a three-year period. Peter de Cure, Judy Sullivan and Craig Stephens have joined the board. de Cure was first appointed to ...
ATO extends WFH deductions
ALLY SELBY  |  MONDAY, 13 JUL 2020
... in value of equipment and furniture used whilst working from home. Minister for housing and assistant treasurer Michael Sukkar welcomed the extension of the temporary arrangements, which he said, would make it easier for Australians to claim tax deductions ...
From fines to prosecution: The penalties are in
ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
... business days in early May so the Australian Federal Police could investigate cases of fraud. Deputy Treasurer Michael Sukkar had confirmed the AFP was investigating cases of identity theft and emphasised the ATO had not been compromised. "It has been ...
Super must come together over cybercrime
HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... One confirmed case of identity theft put the scheme to a halt, as the AFP begun investigations. Deputy Treasurer Michael Sukkar said the ATO had not been compromised as a result of the fraudulent activity, but still paused the scheme while the ATO looked ...
APRA releases fund-level ERS data
JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... Applications made via the ATO on Friday, May 8 have already been passed on to super funds, Assistant Treasurer Michael Sukkar confirmed. Updating its stats, Rest said that as at 10am on May 12 it has paid $886.5 million to 123,022 members. A further ...
ERS paused as AFP investigates fraud
ELIZA BAVIN  |  FRIDAY, 8 MAY 2020
Deputy Treasurer Michael Sukkar confirmed the ATO has paused requests for early release being sent to super funds, as the AFP investigates identity theft. Speaking to Sky News this morning, Sukkar emphasised that the ATO has not been compromised and ...
Taxman simplifies work from home deductions
KANIKA SOOD  |  WEDNESDAY, 8 APR 2020
... COVID-19 when it comes to accurately completing their tax return," Minister for housing and assistant treasurer Michael Sukkar said in a statement. "The ATO has undertaken to review these arrangements in line with COVID-19 developments to see if they ...
Bill to defer adviser education standards tabled
ELIZABETH MCARTHUR  |  THURSDAY, 5 DEC 2019
... financial advisers was introduced in the House of Representatives today. The bill was circulated by the authority of Michael Sukkar, minister for housing and Assistant Treasurer. It will amend the Corporations Act to defer the transitional timeframes ...
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