tax

Financial planning

FPA wants single point of registration for financial tax advisers

The Financial Planning Association is pointing to the proposed Single Disciplinary Body as the answer for delivering greater regulatory simplicity for financial tax advis...

Financial planning

Income tax savings not going into super

Only 6% of Australians are looking to top up their superannuation with their income tax cut money, indicating those that needed to access their super early used it as a w...

Tools & guides

CGT relief options for small businesses

John Ciacciarelli explores the tax implications of running a small business and the relief measures available to help business owners with the costs....

Tools & guides

Using managed accounts in your advice proposition

Use of tax-effective strategies can be one of the most important ways that advisers can add value for their clients beyond advice, writes Tanya Hoshek....

Financial planning

Advisers’ benefit goes beyond financial returns

Focus on avoiding behavioural mistakes and tax-effective investment are among ways that financial advisers help their clients to boost their portfolios, according to Russ...

Financial planning

Stage Two tax cuts brought forward

As expected, the Government has moved to bring forward by two years its promised Stage Two Income Tax cuts....

Superannuation

Budget extends ATO spotlight on tax and super crimes

The Australian Taxation Office has been funded to extend its targeting of serious and organised crime in tax and superannuation for another two years....

Financial planning

Financial services players give Budget mixed welcome

The Financial Services Council has welcomed the Government’s Budget changes to superannuation while others are seeking more detail....

Superannuation

Reduce SG amnesty penalty from 200% to nil: The Tax Institute

The superannuation guarantee amnesty is set to to expire today but the severe consequences of non-compliance could drive businesses to insolvency, according to The Tax In...

Superannuation

SMSF members can give rental relief

SMSF members will not have action taken against them by the Australian Taxation Office for reducing real property rent for tenants who have been financially impacted by C...

Financial planning

TPB updates public register

The Tax Practitioners Board’s public register will now include details of practitioners who had been sanctioned for misconduct....

Tools & guides

Tax (financial) advice, five years on…

David Barrett looks at the complexity of the tax (financial) advice regime....

Tools & guides

Planning for co-investment owners and partnerships

Linda Bruce looks at receiving income jointly as co-owners of an investment and its impact on assessable income....

Financial planning

AFA recommends limited adviser role for TPB

The Association of Financial Advisers has recommended a limited advisory role for the Tax Practitioners Board in the advice space while, at the same time, pointing to maj...