Both ASIC and the ATO have signalled they are scrutinising the legitimacy of SMSF seminars...

More wealthy Australians are showing philanthropy, with many establishing record numbers of private ancillary funds since the GFC....

Taxation Inspector-General’s report points to tax officers having insufficient ability to link evidence with appropriate penalties....

The Australian Taxation Office has issued a reminder that employers need to increase the compulsory minimum superannuation payments on behalf of employees from July 1....

Self-managed superannuation funds (SMSF) are beginning to appeal to a much younger demographic, Australian Tax Office (ATO) data shows. ...

Australians with undeclared offshore investments are being urged to take advantage of a once-off chance to avoid hefty fines, and a possible jail sentence, by disclosing ...

High wealth individuals are using complex business arrangements and trusts to minimise their tax liabilities, an Australian National Audit Office report reveals....

SMSF trustees are being urged to ensure limited recourse borrowing arrangements related party loans are proved on commercial terms to avoid substantial tax bills. ...

The Australian Tax Office’s (ATO) new penalty regime could see up to 50 per cent of self-managed super fund (SMSF) trustees fined for violations of their duties, an accou...

Super sector given enough time to comply with SuperStream standards with delays penalising compliant providers...

The financial services industry will pay $30 million less to be regulated after the Federal Government released details of the levies that it will be charged to fund the ...

ATO will begin action against SMSFs yet to lodge returns and cancel inactive funds...

The Federal Government has provided superannaution funds with extra time to implement SuperStream standards....

The ATO has confirmed the television advertising campaign launched to support Labor’s superannuation changes cost $16.56 million before it was terminated by the Abbott Go...