income tax

Superannuation

For so long, all of us have believed that superannuation is for the purpose of providing for our retirement. We told our clients to work hard, put their money into super ...

Financial planning

(2 December, 2004) Common way to value planning businesses:

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Financial planning

Majority rules to make over tax laws in 2005

The Government’s Senate majority may lead to changes in taxation law in 2005, writes Mark Molesworth....

Financial planning

LIC Djerriwarrh makes dough

Listed investment company Djerriwarrh Investments has posted a profit of $16.1 million for the six months to December 31, up 23.3 per cent on the previous corresponding i...

Financial planning

Doing it yourself: advice from the regulators

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Financial planning

Taxing times for planners

Can financial advisers give specific taxation advice? Are they authorised to discuss tax matters with clients at all? Even armed with a new tax ruling that appears to fav...

Editorial

Pengana profits from hedge fund web

Listed investment company Pengana Managers Limited reported its first ever half year performance today with a modest net profit of $54,248 for the second half of 2004....

Policy & Regulation

Super tax law reform needed urgently

One of the major accounting bodies has stepped up its lobbying on superannuation, claiming self-employed people are significantly disadvantaged when it comes to retiremen...

Financial planning

Planners given guidance on taxing issue

Financial planners providing tax advice have come under the spotlight of the Australian Securities and Investments Commission who released new guidance today to ensure pr...

Financial planning

Protecting the baby boomer estate

With higher levels of divorce and less emphasis on leaving behind a large inheritance, the baby boomers are finding testamentary trusts a useful estate planning tool....

Financial planning

Consumers comfortably in debt

The average Australian household now spends 2.3 per cent more each week than it receives in income, according to the latest AMP/Natsem Income and Wealth Report....

Financial planning

Charitable funds a gift to planners

Advisers looking for an alternative to the usual philanthropic vehicles can now use a prescribed private fund, Lisa Chambers and Paula Zammit write....

Financial planning

Planners lash out at soft dollar taxing plans

Financial planning dealer groups have hit out at plans by the Australian Taxation Office (ATO) to target a new public register of soft dollar commission payments....

Financial planning

Soft dollar double whammy

Financial planners who disclose soft dollar payments under a new industry code of practice could be hit with a hefty tax bill....

Financial planning

Playing devil’s advocate – the case against upfont fees

How do you charge fees to your clients – upfront or ongoing? The value of your practice could double depending on how you charge for your advice, writes John Ellison....