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AUSTRALIAN TAXATION OFFICE
Superannuation
More than 80 per cent of industry superannuation funds expect to have some sort retirement solution product in place within the next three years – and half of those expec...
Financial planning
The Australian Securities and Investments Commission (ASIC) is facing pressure to report on its use of an extensive set of data collected from the financial services indu...
Financial planning
Following a number of complaints about delays resulting from its administrative changes, the Australian Taxation Office says it is “still smoothing out some operati...
Superannuation
SISFA has expressed concern that SMSFs that are late lodging tax returns for the 2009-10 financial year may be unfairly punished by the ATO....
Editorial
With the Federal Election campaign now approaching the halfway mark, Mike Taylor notes that there has been precious little discussion about financial services, the Future...
Policy & Regulation
Project Wickenby has raised more that $850 million in tax liabilities and charged 57 people since its inception five years ago....
Financial planning
The ATO believes its Project Wickenby crackdown has succeeded in changing attitudes to tax havens....
Financial planning
ASFA wants superannuation guarantee changes aimed at ensuring some of the nation's most vulnerable workers are not missing out on superannuation entitlements....
Superannuation
The Australian Taxation Office has seen more than 360 convictions for tax and superannuation offences in the second quarter of this year....
Financial planning
The ATO has provided special assistance to Cairns businesses in the wake of the Storm Financial collapse....
Financial planning
The Australian Taxation Office was required to give assistance to the Far North Queensland city of Cairns this year following a number of financial crises hitting the reg...
Financial planning
Small business director James O'Rourke has been sentenced to two and a half years in jail by the NSW District Court for using a scheme to avoid paying tax on his overseas...
Tools & guides
The question of whether the purchase of trauma insurance within superannuation is a breach of the sole purpose test has been resolved. Jennifer Brookhouse examines the im...
Superannuation
The ATO tightens the screws on SMSF trustees and illegal early release schemes....
Editorial
When it comes to income protection insurance, receiving the payment as a lump sum or as a monthly benefit can make a big difference to clients, writes Jeff Scott....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...