AUSTRALIAN TAXATION OFFICE

Policy & Regulation

Australian Bight Abalone will be producing a new PDS in July to take advantage of tax breaks being offered to small businesses by the Federal Government....

Financial planning

Businesses with an annual turnover of less than $2 million with an activity statement debt will be offered a twelve month general interest charge (GIC) free payment arran...

Superannuation

Certain transactions may breach in-house asset rules and trustees should be wary of suspect arrangements....

Financial planning

ASFA has succeeded in gaining relief from the requirement to track down temporary residents whose super monies have been transferred to the ATO, a move which will represe...

Superannuation

SAM WALL responds to financial planners’ top queries following the recent Federal Budget....

Life/Risk

Businesses are being warned against entering into uncommercial insurance arrangements in pursuit of tax deductions....

Financial planning

There was a fair amount of confusion when the concessional contribution caps were introduced in the 2006 Federal Budget, and now it appears the ATO's own systems are misc...

Financial planning

Additional funding from the 2009 Federal Budget will be used to target companies that phoenix in order to avoid meeting their employees' superannuation requirements, the ...

Financial planning

The Australian National Audit Office has identified shortcomings in the way the ATO surveys serious non-compliance and defines fraud....

Financial planning

The Australian Taxation Office has issued a warning to taxpayers who have received retail premium payments....

Superannuation

The Budget changes to superannuation arrangements have prompted the ATO to issue a warning to SMSF trustees about the use of negotiable instruments....

Superannuation

There are still a number of legal issues that need to be resolved by the ATO and Treasury in relation to borrowing within SMSFs, and these grey areas represent a potentia...

Superannuation

CRAIG DAY considers whether trustees of an SMSF can intentionally acquire a residential property from a related party of the fund....

Superannuation

Now is the perfect time to ensure your client is able to claim a tax deduction for super contributions, writes STEPHEN BONE....

Policy & Regulation

With a changing super environment, MARTIN BRECKON considers how planners can manage their clients’ contributions. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 2 weeks 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....

1 week 2 days 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 3 days ago

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

2 weeks ago