ATO

Policy & Regulation

The Australian Taxation Office has sought to defend its administration and systems in what is emerging as Australia’s largest-ever tax scam....

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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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Superannuation

Miscreant employers are not being deterred by the penalty regime attaching to the non-payment of the superannuation guarantee, according to the Institute of Public Accou...

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Superannuation

Industry Super Australia is claiming vindication after a Senate Committee confirmed significant shortcomings in how the ATO handles the non-payment of the superannuation ...

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Superannuation

ASFA has called for the Federal Government to fund the ATO an additional $10 million a year over four years to detect employers failing to pay SG....

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Financial planning

The ATO has confirmed its ongoing scrutiny of high net worths, with over 260 audits of private groups and wealthy Australians....

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News

The Australian Taxation Office and SMSF Association have signed a statement of intent which will see the regulator and the industry share data and research to aid SMSF tr...

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Accounting

The Australian Taxation office (ATO) will intensify the tax audits of businesses in 2017 as it looked to raise revenue, according to Pilot Partners....

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Superannuation

The Federal Government’s crackdown on the black economy should include a focus on non-compliance with the superannuation guarantee in the cash economy. ...

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Superannuation

The ATO is looking for revenue and unpaid contractor super payments are kryptonite for company directors, Pilot Partners believes....

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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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Superannuation

APRA has warned superannuation funds that they may have risked compromising sensitive member data by outsourcing bulk e-mails and texts to third party service providers....

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Superannuation

QSuper has worked with the ATO to help pay out a member’s tax savings when they retire and transition to an income account....

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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 has issued an opinion stating that SMSFs investing in a property acquired by a DomaCom sub-fund would not contravene the SIS Act provided SMSFs fulfil some condit...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

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

2 months ago

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

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago