AUSTRALIAN TAXATION OFFICE

Policy & Regulation

Australians are being warned to think twice before attempting to evade their tax liabilities following the announcement of a new taskforce targeting international tax eva...

Funds management

Parliamentary committee warned that Australian family offices will look to invest offshore in the face of threats to their tax confidentiality....

Accounting

Tax agents are resisting the ATO’s push for taxpayers to use its online myTax service this tax season....

Policy & Regulation

The ATO has reaffirmed its ruling that the anti-avoidance rule for income tax did not apply to a personal services business paying a related employee super in excess of m...

Policy & Regulation

John Emerson has been appointed deputy chair of the Board of Taxation, and will joined by Karen Payne, Neville Mitchell, and Ann-Maree Wolff who has been appointed as boa...

Superannuation

Women need more super than men, says ATO...

As accountants look to move into the adviser space and attain licences to advise on self-managed super funds, Malavika Santhebennur looks at the challenges and opportunit...

Superannuation

As accountants look to move into the adviser space and attain licences to advise on self-managed super funds, Malavika Santhebennur looks at the challenges and opportunit...

Financial planning

Chartered Accountants Australia and New Zealand are urging the Government to simplify the arrangements around the tax deductibility of advice fees....

Superannuation

Billions of dollars are still being funnelled into SMSFs from traditional super vehicles annually, which should put an end to speculation that the SMSF sector is in decli...

Superannuation

Almost half of all working Australians have more than one superannuation account, and they pay $532 a year in fees per account....

Superannuation

New legislation means the Western Australian public sector superannuation funds will see its lost and unclaimed money moved to the ATO....

Financial planning

ASIC has been told the ATO is on the right track with its ‘digital by default’ approach. ...

Financial planning

SPAA chief executive, Andrea Slattery, says SMSF trustees should feel comforted by the level of regulatory scrutiny the sector receives....

Superannuation

Recently introduced penalties are ensuring fewer SMSFs are falling foul of the law, however, there has been a spike in borrowing breaches, new research reveals....

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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 2 weeks 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....

6 days 17 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...

3 weeks ago

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

1 week 4 days ago