ATO

Policy & Regulation

All 2018 tax returns will be made via the ATO’s new digital Practitioner Lodgement Service, which will replace the ELS service that has been in place for the past three d...

image
Financial planning

The Government has sought answers from the Australian Taxation Office regarding its conduct after accusations were levelled at its treatment of small businesses on ABC’s ...

image
Financial planning

The Australian Taxation Office deputy commissioner – small business has sought to reassure small business that the Office is acting in their best interests....

image
Financial planning

New analysis suggests the Australian Taxation Office’s crack-down on high net worths has created an opportunity for financial planners....

image
Policy & Regulation

The Federal Government has focused its Bank Executive Accountability Regime on the four big banks, giving smaller institutions an extra year plus more flexibility....

image
Financial planning

New cryptocurrency rules introduced today will see exchanges of the asset reported to AUSTRAC, making transactions more accessible to the Australian Taxation Office....

image
Superannuation

SMSF specialist, David Busoli believes the Australian Taxation Office may have been unreasonable in its interpretation of the law on reserve allocations....

image
Superannuation

The SMSF Association has praised former KPMG partner, Dana Fleming’s appointment as Australian Taxation Office Assistant Commissioner, self-managed superannuation funds, ...

image
SMSF

An Australian Taxation Office assistant commissioner, Kasey Macfarlane, told the SMSF Association Conference that there were no plans to introduce further SMSF reporting ...

image
Policy & Regulation

The Australian Taxation Office has given self-managed superannuation funds until 30 June to file their annual returns, acknowledging the extra complexities of transitiona...

image
Superannuation

Self-managed superannuation funds performed just as well as Australian Prudential Regulatory Authority-regulated funds in 2015-16 with both reporting returns of 2.9 per c...

image
Life/Risk

A recent Government report has revealed the degree to which the Australian Taxation Office’s project aimed at encouraging people to declare overseas income boosted the ta...

image
Financial planning

The Australian Taxation Office has made clear that if it grants ‘key intermediary’ status to financial advisers, it will come with conditions around higher standards and ...

image
Superannuation

The Federal Government has initiated a Treasury review of the rules around superannuation early release including whether superannuation should be accessible to compensat...

image
Policy & Regulation

The Australian Taxation Office has foreshadowed a crack-down on people with wealth and lifestyles that seem unexplained....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

4 weeks 1 day ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

4 weeks 2 days ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

4 weeks 2 days ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 1 day ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

4 weeks 1 day ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 2 days ago