AUSTRALIAN TAXATION OFFICE

Financial planning

Those avoiding paying tax through offshore trust structures may be subject to penalties if they do not disclose these activities to the Australian Taxation Office....

image
Superannuation

A desire for greater control over their investments is the main reason cited for establishing a self-managed superannuation fund (SMSF), although there is still a demand ...

image
Policy & Regulation

The Australian Taxation Office (ATO) has warned that arrangements to artificially create upfront deductions for employment costs may break tax laws....

image
Financial planning

The new Shadow Minister for Consumer Affairs, Financial Services, Superannuation and Corporate Law is Luke Hartsuyker, who has replaced Chris Pearce....

Financial planning

The number of people who will have exceeded their superannuation contributions cap in the 2009-10 financial year is likely to increase as the concessional contributions c...

Superannuation

In an attempt to allay fears and confusion about the self-managed superannuation fund (SMSF) in-house asset rules, Heffron has approached the Australian Taxation Office (...

Superannuation

Fraud affects all super funds, not just SMSFs: Sharyn Long....

Life/Risk

The Tax Office has issued an alert about life insurance bonds issued from tax havens to Australian residents that are aimed at circumventing tax payable under foreign inv...

Financial planning

Australia’s prudential regulator may be costing more, but it argues it is becoming more efficient....

image
Financial planning

The tax office has signalled that the use of promissory notes in SMSFs will come under greater scrutiny, writes Bryan Ashenden....

Superannuation

The financial services industry has been called upon to step up to its social obligations when dealing with trustees of self-managed superannuation funds....

image
Financial planning

Many financial planning firm owners could be forced to pay large amounts of extra income tax if the ATO goes ahead with proposed changes to the treatment of certain tax s...

Financial planning

Storm Financial co-founders Emmanuel and Julie Cassimatis seemed to be suffering from a bout of absent mindedness in the final days of hearings into the company's collaps...

Financial planning

Despite comprising less than two per cent of retail funds, structured products have received more than their fair share of criticism over the past year. Vince Scully disc...

image
Financial planning

Australia's two major superannuation industry organisations support concept of a single legislative base for superannuation....

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 ...

2 months 3 weeks 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 ...

2 months 3 weeks ago
gonski

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

2 months 3 weeks ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

1 week 4 days ago

The Reserve Bank of Australia's latest interest rate announcement has left punters disheartened on Melbourne Cup Day....

1 week 3 days ago

The Federal Court has given a verdict on ASIC’s case against Dixon Advisory director Paul Ryan which had alleged he breached his director duties....

1 week 2 days ago