ATO

Financial planning

Australian self managed superannuation fund (SMSF) trustees who have fail to lodge regulatory returns for two or more years could face possible fund closures or legal act...

Financial planning

The Australian Tax Office has handed down its first ever product ruling to the Macquarie banking group for its Macquarie Instalments IMC series, confirming the group’s de...

Financial planning

Over 33,000 investors have accepted the Australian Tax Office’s (ATO) settlement offer over discredited mass marketed tax effective schemes, tax commissioner Michael Carm...

Financial planning

The popular tax schemes of years gone by could see some advisers facing massive legal claims. GEORGE LIONDIS reports....

Financial planning

In the coming weeks more focus will be placed on the end of the financial year and the part planners can play in formulating effective year end tax strategies....

Financial planning

Putting together tax strategies for clients is one area of the financial planning service which may require a helping hand. Technology can be one solution, and a platform...

Financial planning

The Australian Taxation Office (ATO) has today extended by three weeks the deadline for investors to accept its settlement offer over mass marketed tax schemes....

Financial planning

The Financial Planning Association (FPA) has failed to convince the Australian Taxation Office (ATO) that planners who advised clients to invest in mass marketed tax sche...

Financial planning

The Financial Planning Association (FPA) has accused the Australian Tax Office (ATO) of discrimination over its decision to exclude financial planners from its settlement...

Financial planning

The Macquarie Bank is preparing to take on the Australian Tax Office (ATO) in court in a bid to reverse the tax office’s decision to disallow tax deductions for so-called...

Superannuation

The Australian Taxation Office (ATO) has threatened to prosecute the Australian based agent of an offshore group after it discovered the group arranging to give Australia...

Financial planning

Not content with being a renowned planner and media personality Nick Bruining has also attracted the attention of the government and for things possibly best kept private...

Superannuation

The Australian Tax Office (ATO) has acted to crack down on scheme promoters offering to give individuals early access to their superannuation savings....

Policy & Regulation

The Australian Managed Investments Association (AMIA) is calling on investors caught up in the controversy over mass marketed tax schemes to consider rejecting the Austra...

Financial planning

Over the past 12 months the working lives of Australia’s financial planning fraternity has been given a good shakeup and for some, even been turned upside down. The bad n...

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