AUSTRALIAN TAXATION OFFICE

Superannuation

There are many rules and requirements around claiming a tax deduction for a personal superannuation contribution. The process certainly requires some careful planning. An...

Financial planning

OnePath national technical manager Graeme Colley has clarified exactly what constitutes a repair under the Australian Taxation Office's (ATO's) recent draft ruling on lim...

Superannuation

The Government has used Medicare and the ATO to begin promoting its Small Business Superannuation Clearing House....

Superannuation

Australian Taxation Office (ATO) data on SMSFs is being skewed because it is picking up large numbers of people in draw-down phase....

Superannuation

Law firms welcome the Australian Taxation Office's (ATO's) draft ruling but warn trustees to tread carefully....

Superannuation

SISFA welcomes Australian Taxation Office's (ATO's) ruling on SMSFs and property improvements....

Superannuation

The Institute of Chartered Accountants has welcomed the ATO's draft ruling on SMSFs borrowing to invest in real estate as a 'practical interpretation' of the realities of...

Superannuation

MLC Technical Services has reminded advisers that the ATO's clarification and additional flexibility regarding requirements around borrowing to invest in property within ...

Superannuation

A new self-managed superannuation fund (SMSF) draft ruling from the Australian Taxation Office (ATO) has relaxed the definition of what constitutes a 'single acquirable a...

Superannuation

ATO signals it is closely monitoring re-reporting and the rules around life superannuation capital gains tax and excess contributions tax....

Superannuation

ATO signals graduated approach to SMSF breaches in wake of Stronger Super....

Financial planning

The 2011 financial year brought many changes to the financial services industry, and many are yet to come. John Perri has provided a snapshot of the activity coming out o...

Superannuation

SMSF specialists call for ATO to review its ban on SMSF using limited recourse borrowing....

Superannuation

ASFA warns that even SMSFs may be impacted by a draft ruling on superannuation income streams issued by the ATO....

Financial planning

The Australian Taxation Office has been told its draft ruling on superannuation income streams has erred with common practice and legislative intent....

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 1 week 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 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

4 days 3 hours 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 5 days ago

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

4 weeks 1 day ago