GST

Policy & Regulation

Your levies at work – how ASIC funds consumer submissions

The Australian Securities and Investments Commission has confirmed that its industry funding model is helping underwrite the cost of consumer submissions such as those us...

Property

Govt releases draft property transaction GST legislation

The Government has this week released draft legislation on the improvement of the integrity of GST on property transactions....

Policy & Regulation

State insurance taxes an inefficient mess

The Financial Services Council wants the States to live up to their original GST obligations by removing inefficient taxes, particularly those applying to life insurance....

Policy & Regulation

Turnbull slashes red tape with tax overhaul

New legislation introduced by the Turnbull Government yesterday has targeted the removal of a competitive tax advantage for overseas firms amid a push for a modernisation...

Policy & Regulation

FSC calls for 22pc company tax

The FSC proposed a 22 per cent company tax rate in its tax reform package to boost Australia’s competitiveness while lower tax rates would be paid for by a higher GST....

Financial planning

Sentiment up as company directors support tax reform

Sentiment amongst Australia’s company directors has risen to its highest level in two years following the recent appointment of Malcolm Turnbull as Prime Minister....

Life/Risk

Renegotiate GST with states says FSC

The FSC warns that the States are milking the insurance sector for revenue with impacts for under-insurance and that a renegotiation of the GST agreement represents a par...