AUSTRALIAN TAXATION OFFICE

Superannuation

ATO reveals 70 per cent of superannuation fund members hit by ECT problems last financial year would have received refunds under the new regime....

Superannuation

The Auditor-General has warned that the ATO's interpretive decisions on SMSFs carry less legal weight than interpretive decisions on tax matters....

Editorial

The dust has well and truly settled on the Federal Budget but, as Liz Westover writes, the Government needs to accept that its actions have served to confuse Australians ...

Superannuation

The Financial Services Council is concerned about how monies levied to fund SuperStream will be spent....

Superannuation

The time has come for a total rethink about how investors are looked after when there is a 'Trio Capital', according to SPAA's Peter Burgess....

Financial planning

Treasury officials are continuing to apportion blame to financial planners for some Trio Capital losses....

Superannuation

The benefits associated with utilising a self-managed super fund come with legal responsibilities and getting it wrong can be criminal, warns Matthew McKee....

Superannuation

The SMSF Professionals' Association of Australia has welcomed an Australian Taxation Office ruling clarifying the status of borrowing arrangements around single assets....

Financial planning

Product providers should be responsible for funding a last resort compensation scheme, according to the SMSF Professionals' Association of Australia....

Superannuation

One of the headline announcements in the 2012-13 Federal Budget affecting SMSFs was regarding contribution caps. Dan Butler and Nathan Papson explore this announcement, a...

Financial planning

The Australian Taxation Office (ATO) has prosecuted more than 1,500 people for tax and superannuation offences so far this financial year....

Tools & guides

MLC's Gemma Dale outlines the issues financial advisers need to consider before and after 30 June to help clients maximise opportunities and avoid costly mistakes....

Policy & Regulation

The Australian Taxation Office has warned individuals and businesses who use New Zealand foreign trusts while earning their income from Australia that such arrangements a...

Superannuation

The ATO has been warned some superannuation funds will struggle to be ready to meet changes in rollover requirements....

Superannuation

The Self-Managed Super Fund Professionals' Association has acknowledged it had been lobbying for the two-year delay in the commencement data of the concessional contribut...

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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...

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

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

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