INCOME TAX

Superannuation

The Government has clarified taxation on pension streams for deceased estates in draft regulations released yesterday....

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Financial planning

Estate planning is more than just writing a Will and certainly isn’t something that should be left until the last minute, writes Anna Hacker....

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Superannuation

ATO assistant commissioner Stuart Forsyth has pointed to the issues still troubling SMSF trustees and warns the ATO will be cracking down on non-arm's length income issue...

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Editorial

Westpac records decline in profit but signals continuing focus on wealth as part of its growth strategy....

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Superannuation

With the window seemingly coming to a close with in-specie contributions of listed shares into SMSFs, it is a timely reminder to ensure that your contribution strategy is...

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Superannuation

The Government has opted for only limited impacts on superannuation in its MYEFO approach, but has increased the SMSF levy....

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Superannuation

A draft ruling released by the Australian Taxation Office (ATO) has highlighted the importance of having appropriate documentation in place to ensure a pension is reversi...

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Superannuation

The ATO has backed a SPAA assessment that illegal early release schemes involving SMSFs are declining....

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Policy & Regulation

Over the 2011-12 financial year, the Australian Taxation Office (ATO) successfully prosecuted 2000 individuals and companies for fraud, tax and superannuation offences....

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Financial planning

The ATO has reconfirmed that interest payments are not an essential feature of a loan, potentially opening the door for zero-interest related party loans to self-managed ...

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Superannuation

SMSF trustees need to understand the constraints with respect to related party loans, write DBA Lawyers principals Bryce Figot and Daniel Butler....

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Superannuation

The Australian Taxation Office has confirmed that the income tax amendment period for 'potential' trust beneficiaries is four years....

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Superannuation

The growing number of self-managed super fund trustees being advised to enter into highly geared limited recourse borrowing arrangements in order to purchase assets for c...

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Financial planning

The Government has released exposure draft legislation on CGT relief for merging superannuation funds....

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Financial planning

Garradin solution upgraded to take account of tax changes....

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JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

1 day 4 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 23 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 6 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago