TAX

Policy & Regulation

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

People & Products

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

Financial planning

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

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...

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....

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....

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....

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 ...

Policy & Regulation

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

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....

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....

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...

Accounting

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

Policy & Regulation

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

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?...

5 months 4 weeks ago

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

6 months ago

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

8 months ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

4 weeks ago

The Federal Court has made interim travel restraint orders against two Falcon Capital directors, while also freezing one director’s assets....

4 weeks 1 day ago