AUSTRALIAN TAXATION OFFICE

Policy & Regulation

Over the 2011-12 financial year, the Australian Taxation Office (ATO) successfully prosecuted 2000 individuals and companies for fraud, tax and superannuation offences....

Superannuation

Self-Managed Super Fund Professionals' Association warns Government against further superannuation tinkering to bolster its promised Budget surplus....

Superannuation

SMSF specialists will have the opportunity to hear key speakers and themes at the Institute of Chartered Accountants Australia National SMSF Conference....

Financial planning

The ATO has reconfirmed that interest payments are not an essential feature of a loan, potentially opening the door for zero-interest related party loans to self-managed ...

Policy & Regulation

The ATO has been urged to treat the provision of advice within super equally across types of funds....

Superannuation

Institute of Chartered Accountants specialist Liz Westover sees benefits in changed SMSF penalty regime....

Superannuation

SMSF trustees need to understand the constraints with respect to related party loans, write DBA Lawyers principals Bryce Figot and Daniel Butler....

Superannuation

Major superannuation funds argue that all the beneficiaries of SuperStream should pay for its implementation....

Superannuation

SPAA has welcomed the proposed penalty system changes for SMSFs, saying trustees who break the rules will be treated more equitably....

Superannuation

Treasury has outlined the details of its administrative penalties regime for trustees of SMSFs, which will apply from 1 July, 2013....

Superannuation

The ATO has recently provided some clarification regarding in-specie contribution of property. Nicholas Ali explains....

Superannuation

The Australian Taxation Office has confirmed that the income tax amendment period for 'potential' trust beneficiaries is four years....

Superannuation

SPAA concerned at implications of draft ATO ruling....

Superannuation

The SMSF Professionals' Association of Australia has urged the Australian Taxation Office to release the final tax ruling on when a superannuation income stream commences...

Policy & Regulation

The Australian Taxation Office (ATO) has warned taxpayers to be careful about claiming large input tax credits when acquiring intangible items at grossly inflated values....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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....

4 days 19 hours ago