AUSTRALIAN TAXATION OFFICE

Financial planning

The Federal Government has begun work on its election promise of establishing an advisory board at the Australian Taxation Office (ATO) to make it more accountable....

Tools & guides

Troy Smith explains the options available to SMSF trustees when calculating the amount of tax-free income during the pension phase....

Superannuation

SMSFs have been confirmed as the largest segment of the superannuation sector, but average balances are still below $500,000....

Financial planning

Members and trustees of family trusts should check their trust deeds, or risk running the gauntlet ahead of a potential ATO ruling that may outlaw streaming of income wit...

Life/Risk

The Government, banks, insurers and the ATO have acted to lighten the load on flood victims....

Financial planning

Although it is still early days in terms of the fallout from the Queensland floods, Australia’s financial advisory industry has begun looking into what assistance w...

Financial planning

The Australian Taxation Office (ATO) has released a new category of small business benchmarks that will allow it to more accurately select businesses for a review or audi...

Financial planning

Government embraces majority of Cooper recommendations as policy but faces testing time gaining Parliamentary endorsement....

Superannuation

The lending of money to family members has emerged as a persistent issue in SMSF breaches....

Life/Risk

Stephen Kunz looks at the insurance ownership options available to clients....

Policy & Regulation

Law enforcement agencies and courts will now have more access to taxpayers’ information provided to the Australian Taxation Office....

Financial planning

The inspector general of taxation has recommended the abolishment of the oral rulings system to the Australian Taxation Office (ATO), in view of the continuing low level ...

Tools & guides

David O'Connell explains the advantages of the new rules for superannuation borrowing....

Financial planning

ASIC and APRA outed as being least transparent on use of coercive powers....

Superannuation

ATO confirms identifying 140 illegitimate SMSFs and backs the Cooper recommendations....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 4 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 6 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 1 day ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 6 days ago
moneymanagement logo