TAX

Policy & Regulation

The Federal Opposition has locked in on capping tax deductions for arranging tax affairs at just $3,000....

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People & Products

Infocus Group has flagged the national roll-out of its partnership with H&R Block following a successful Queensland pilot program....

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Financial planning

The ATO has extended the lodgement date of SMSF returns thanks to feedback from professional and industry representatives....

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Features

While advisers need to strategise around the myriad of superannuation changes tabled in the 2016 Federal Budget, they should not implement changes just for the sake of it...

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Financial planning

The Tax Practitioners Board has put out a reminder to financial planners to apply for transitional registration ahead of the 30 June deadline....

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Policy & Regulation

The Australian Tax Office (ATO) has issued a warning on contrived trust arrangements that engineer a reduction in trust income in order to gain favourable tax breaks....

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Financial planning

It is essential that LISTO is legislated and not caught up in the political crossfire as it impacts 20 per cent of fund members, according to AIST....

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Superannuation

The SMSF Association has welcomed the ATO’s clarification on the consequences for SMSFs with LRBAs not on arm’s length terms, and stressed the need for clients to attain ...

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Policy & Regulation

The ATO will not automatically impose penalties on businesses and individuals for incorrect tax returns....

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Financial planning

With 44 per cent of employed women and 15 per cent of employed men working part-time it highlights that the Government needs to legislate LISTO, ISA believes....

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Funds management

Australian Ethical reported strong financial results for the year ended 30 June, with a 53 per cent growth in NPAT on the back of stronger demand for ethical investing....

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Accounting

The perceived negative consequences of acquiring a financial services licence seem to be reducing following the scrapping of the accountants’ exemption, with a dealer gro...

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Accounting

The Government needs to consider the tax treatment of off-market share buy-backs for the benefit of taxpayers, IPA believes....

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Policy & Regulation

The ATO has warned large companies and multinationals against contrived arrangements to avoid or minimise their tax, following an investigation. ...

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Superannuation

Australia’s retirement system still lacked innovative comprehensive income products to cater to different life circumstances, and a holistic review beyond just the afford...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 2 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 5 days ago