ATO

Superannuation

Workers who aren’t being paid their full super entitlements are falling further behind in savings that those who are, with the gap between the two blowing out by 25 per c...

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Policy & Regulation

The Australian Taxation Office (ATO) is undergoing a data matching service to ensure an estimated one million people investing in cryptocurrency are paying the right amou...

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Superannuation

Almost one million working Australians aren’t receiving superannuation and the often-cited cause of self-employment isn’t the only driver, with 43 per cent of these worke...

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Policy & Regulation

The Tax Practitioners Board has terminated the tax agent registrations of Wollongong tax agent for overclaiming expenses on behalf of their clients. ...

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Policy & Regulation

The financial services industry has delivered the Budget a muted response in circumstances where the Treasurer, Josh Frydenberg, had announced most of the Government’s fi...

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Policy & Regulation

Big accounting group CPA Australia has warned the Government against seeking to impose a full industry funding model for the Tax Practitioners Board when accountants are ...

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Policy & Regulation

The Government has accepted a report from the Council of Financial Regulators and the Australian Taxation Office declaring that limited recourse borrowing arrangements ar...

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Superannuation

The Administrative Appeals Tribunal has upheld a decision to refuse Superannuation Warehouse’s application for a limited Australian financial services licence, after its ...

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Financial planning

Over two thousand tax practitioners have updated their outstanding lodgements since the Tax Practitioners Board’s compliance strategy was announced late last year with th...

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Policy & Regulation

The Australian Taxation Office has said that it’s already referred 37 SMSF auditors to the Australian Securities and Investments Commission since last June, as part of th...

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Policy & Regulation

Perth-based accountant, Shane Read, has been sentenced in the Perth District Court to four years’ jail for tax fraud....

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SMSF

The Australian Taxation Office last year focused its self-managed superannuation fund compliance investigations on non-lodgements, advice on illegal early release of fund...

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Superannuation

AMP Limited has acknowledged a multi-million impact flowing from the Government’s legislative changes to superannuation including transferring 370,000 low balance account...

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Superannuation

Industry Super Australia has found that the average Australian worker misses out on $12,475 from their super balance as a result of legislation allowing infrequent paymen...

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Superannuation

Parliament yesterday passed legislation extending Single Touch Payroll to all employers, which the Morrison Government says will protect the rights of Australians to thei...

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MARKET INSIGHTS

GG

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

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