INCOME TAX

Superannuation

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

image
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....

image
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...

image
Editorial

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

image
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...

image
Superannuation

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

image
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...

image
Superannuation

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

image
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....

image
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 ...

image
Superannuation

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

image
Superannuation

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

image
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...

image
Financial planning

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

image
Financial planning

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

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Random

What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...

2 days 6 hours ago
JOHN GILLIES

The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...

3 days 3 hours ago
JOHN GILLIES

How could that underestimate happen?usually the quote transfer straight into the SOA, and what on earth has the commissi...

3 days 4 hours 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 4 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 2 weeks ago

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

9 months 4 weeks ago