capital gains tax

Financial planning

Financial planners who have UK migrants on their books have been warned to take special care with their advice or face potential liti-gation in the future....

Financial planning

FPIA needs to prove credentials

The Financial Planners and Investment Advisers Association (FPIA) needs to improve its structure if it is to administer a registration scheme for financial advisers, acco...

Editorial

The taxing business of funds management

Advisers recommending high-income clients invest blindly in unit trusts should beware of tax implications....

Superannuation

Super slugged by SLAB

Thousands of small DIY superannuation funds could be hit with capital gains tax (CGT) when they are forced to restructure to comply with proposed laws....

Policy & Regulation

Tax Office clamps down on trust definitions

From time to time, the trust deed of a superannuation fund or other trust may be amended. In some circumstances, the changes to the trust deed may result in a new trust b...

Financial planning

Taking a self managed fund into retirement

The focus by senior executives on investment options has tended to centre on greater control over their superannuation affairs, long term retirement wealth creation and e...

Policy & Regulation

New tax measures to encourage philantropy

On March 26, the Prime Minister announced a package of new tax incen-tives for gifting. These incentives will appeal to philanthropically inclined financial planning cli...

Financial planning

FPA seeks exemptions on GST

The Financial Planning Association (FPA) has called on the Federal Government to provide advisers with capital gains tax exemptions while the industry adjusts to the new ...

Financial planning

Don't forget your own neesd

While financial planners are flat out this time of the year helping their clients, they shouldn't ignore their own end of year financial and business affairs. At least th...

Financial planning

Year-End Strategies, The clock is ticking

It's that hectic time of the year again when all and sundry are looking for that quick gap before the beans are counted....

Financial planning

Storm clouds linger over negative gearing

There is still a lingering perception among Australian investors that negative gearing has magical curing powers for their taxation ills. A combination of a culture of in...

Financial planning

MIA: missing in action or a big hit?

As we approach the first anniversary of the Managed Investment Act (MIA), it is timely to consider its impact. Our prediction that the new regime would be less easy for f...

Financial planning

A sterling idea - selling British TEPs Down Under

A new Melbourne-based company is hoping to interest investors in the UK's fast-est-growing investment sector - Traded Endowment Polices (TEPs). The market for TEPs in the...

Financial planning

Wraps and master trusts – Wrap or trap – understanding the difference

In discussions with financial planners about wrap accounts, it is clear that their full ramifications, potential difficulties and the totality of possible benefits are no...

Funds management

The taxing business of funds management

Advisers recommending high income clients invest blindly in unit trusts should beware of tax implications....