ATO

Superannuation

Government warned significant insurance benefits could be lost if the small account super threshold is lifted to $4000 and then $6000....

Superannuation

ATO Assistant Commissioner Megan Yong urges women to think about their super to help overcome the retirement savings shortfall many are currently experiencing....

Superannuation

SPAA points to ATO data on benefits payments as evidence SMSFs are taking a responsible approach to how they use their superannuation savings to live in retirement....

Superannuation

Market Vectors suggests ETFs can help SMSFs avoid poor real returns on cash investments, which represent nearly 30 per cent of all SMSF assets....

Superannuation

The Institute of Chartered Accountants (ICAA) has warned that both the ATO and Government seem determined to end dividend washing....

Policy & Regulation

The Australian Taxation Office (ATO) has launched a new campaign to remind small businesses to pay their taxes....

Superannuation

Aaron Dunn points to new ATO draft determination on dividend washing. ...

Superannuation

SPAA has described comparing self-managed super funds with other superannuation sectors a futile exercise....

Superannuation

SPAA cites latest ATO data to claim borrowing within SMSFs is not irresponsible....

Financial planning

The Australian Taxation Office (ATO) will take over the running of the Small Business Superannuation Clearing House in a bid to reduce the compliance burden employers fac...

Financial planning

Financial planner practices risk hefty fines or even imprisonment if they are caught ‘promoting’ a tax scheme. Jennifer Yeo explains....

Financial planning

Uncertainty around the taxation of trusts is hampering small business and needs to be resolved by the Federal Government...

Superannuation

An industry body representing SMSFs has rejected the idea of the sector being regulated by APRA, claiming the current framework is sufficient....

People & Products

The Institute of Public Accountants (IPA) chief executive officer Andrew Conway is taking over as chairman at the Council of Small Business Australia (COSBOA)....

Policy & Regulation

Full Federal Court decision defines extent of ATO’s powers on promoters of tax exploitation schemes....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 3 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

5 days 2 hours ago