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Financial planning

A superannuation lawyer has decried calls for family trusts to pay full CGT, arguing all loopholes around this have now closed....

Superannuation

Myths surrounding the equity and sustainability of superannuation tax concessions will need to be debunked if there is to be a serious debate about reform, ASFA believes....

Accounting

Tax agents are resisting the ATO’s push for taxpayers to use its online myTax service this tax season....

Policy & Regulation

The Law Council of Australia has backed Government amendments which would exclude Australian private companies from tax transparency laws as alleviating an injustice....

Tools & guides

Financial planners play a vital role for clients during a relationship breakdown, and they must join hands with legal and tax advisers, Catherine Chivers writes....

Policy & Regulation

The ATO has reaffirmed its ruling that the anti-avoidance rule for income tax did not apply to a personal services business paying a related employee super in excess of m...

Policy & Regulation

Employee share schemes now have a better incentive to qualify staff with a share discount of up to 15 per cent of market value for start-ups....

Superannuation

Federal Treasurer, Joe Hockey has extended the Government’s pledge not to change the super tax settings beyond the life of the current Parliament....

Superannuation

Australia’s largest industry fund has added its voice to calls to limit super tax concessions to eliminate scope for estate planning....

Policy & Regulation

To help restore the Budget, provide greater tax certainty, and improve the country’s economic competitiveness a key tax measure has passed through the Parliament....

Superannuation

Industry fund body, AIST, tells Government strategies are utilising SMSFs, wraps and SMAs to indefinitely postpone the payment of CGT....

Financial planning

The Financial Planning Association says tax complexity is driving the need for advice at the same time as creating a cost impediment to accessing advice....

Policy & Regulation

With tax time coming up the ATO has urged investors to verify tax schemes as even accountants are getting caught out with slick-looking schemes....

Accounting

Without a tax overhaul innovation, growth, and productivity will continue to be stifled in Australia, the Institute of Public Accountants believes....

Accounting

Before making big purchases small business owners need to determine whether they are eligible for the $20,000 asset write-off announced in the Federal Budget, the IPA say...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

4 days 22 hours ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 4 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

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