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Showing 1 - 10 of 20 results for "Michael Sukkar"

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... withdrawals to be used for house deposits has been widely condemned. A joint media release between Scott Morrison, Michael Sukkar and Jane Hume boldly proclaimed that the government's new super scheme would unlock the great Australian dream of home ownership ...

Government welcomes ATO family trust guidance

CHLOE WALKER  |  TUESDAY, 12 APR 2022
Assistant treasurer Michael Sukkar has welcomed the ATO's recent draft guidance on family trusts, noting that they are a legitimate and important way for families, particularly those running small businesses, to manage their financial affairs. This ...

Tax Practitioners Board adds two new members

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
Assistant treasurer of the Tax Practitioners Board (TPB), Michael Sukkar, has appointed Andrew Conway and Steven Dobson to the board for a three-year period starting from 30 March 2022. Conway is chief executive and a fellow of the Institute of Public ...

Greater independence for TPB

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... TPB's independence, fostering trust and confidence in the regulation of tax practitioners," assistant treasurer Michael Sukkar said. "The government has secured the Commissioner of Taxation's agreement to delegate the power to appoint the TPB's chief ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... government reintroduced the CCIV regime in the 2021-22 budget following a period of delay. Assistant treasurer Michael Sukkar expects the CCIV regime to commence from 1 July 2022. "Currently only around 5% of the $2.5 trillion in funds managed in Australia ...

Charter Hall exec to chair NHFIC board

KANIKA SOOD  |  MONDAY, 28 JUN 2021
... investors have included superannuation funds like Cbus and UniSuper. In October last year, the minister for housing Michael Sukkar appointed Commonwealth officer Robert Jeremenko as a board observer. He may attend NHFIC board meetings and report to the ...

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 ...
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