ATO

Financial planning

Financial Services Council's FATCA debate goes to Washington

Financial Services Council chief executive John Brogden has lobbied Washington for an intergovernmental agreement to resolve the FATCA debate....

Superannuation

ASFA calls for removal of regulatory leftovers from old super surcharges

ASFA has called on the ATO to amend the Rollover Benefits Statement and Member Contributions Statement reporting requirements now while the industry consults on SuperStre...

Financial planning

ATO eyes dividend access share arrangements

The Australian Taxation Office has warned taxpayers against individuals promoting dividend access share arrangements....

Superannuation

SPAA wants superannuation pension stream clarified

SPAA has called on the ATO to clarify superannuation income streams so SMSFs are not caught out by new legislation....

Superannuation

Estate planning considerations when commencing a pension

SMSFs need to carefully consider the estate planning ramifications before commencing a pension or their beneficiaries might face serious tax consequences, explains Nichol...

Financial planning

ATO managing 1.4 million debt cases

The Australian Taxation Office has acknowledged that it is managing 1.4 million debt cases worth in excess of $14 billion....

Policy & Regulation

Potential tax traps for pre-retirees - Canstar

Canstar has warned pre-retirees to check their contributions now to avoid the potential tax traps of exceeding the new cap....

Superannuation

ATO provides clarity on SMSF property acquisitions

Stephen Miller outlines the key issues recently clarified in an Australian Taxation Office ruling regarding the acquisition of property by self-managed super funds using ...

Superannuation

SPAA concerned about APRA levy burden

SPAA concerned about the degree to which SMSFs will be levied on SuperStream....

Superannuation

Superannuation industry at odds over SuperStream costs

The SMSF Professionals' Association of Australia (SPAA) has hit back at calls for self-managed super funds to pay more towards the SuperStream levy....

Superannuation

A snapshot of the superannuation borrowing landscape

David Barrett briefly addresses two major challenges that loom for financial advisers: providing the strategic advice associated with a potential recommendation for a sup...

Superannuation

Impact of Stronger Super on SMSFs

The SMSF Academy's Aaron Dunn looks at some of the changes flowing from the Stronger Super reforms and how those changes will affect SMSFs....

Superannuation

Don't tax via superannuation funds, says ASFA

ASFA argues that the ATO and not superannuation funds should be the conduit for the changed tax arrangements impacting higher income earners....

Superannuation

ATO research points to superannuation confusion

The Opposition and Government are interpreting ATO research in different ways and the bottom line seems to be that many people remain confused....

Superannuation

Fall in SMSF fees allows real superannuation competition: SPAA

According to the chief executive of SPAA, Andrea Slattery, ATO figures showing SMSF fees decreasing prove SMSFs are well-positioned to compete with other superannuation s...