AUSTRALIAN TAXATION OFFICE

Financial planning

The Australian Taxation Office has been urged to get its administration of the tax file numbering system applying to superannuation funds and trusts up to the same standa...

Financial planning

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Superannuation

In the lead-up to choice of fund, many clients and advisers may be comparing superannuation funds. When evaluating the merits of one superannuation fund over another, it ...

Superannuation

No one has been particularly surprised at the recent clash which has erupted between industry and retail super funds over the issue of choice, but the DIY super sector ha...

Financial planning

Fee comparisons are being overemphasised in the lead-up to choice of fund, according to the Financial Planning Association, which claims most debate on the new rules is m...

Superannuation

Anticipating a flood of self-managed superannuation funds being set up after July 1, the Australian Taxation Office and the Australian Securities and Investments Commissi...

Financial planning

A former responsible officer of Goldman Sachs JBWere subsidiary Invia Custodian has been permanently banned from providing financial services for misappropriating company...

Superannuation

Accountants could face fines of up to $220,000 if they provide misleading advice on self-managed super funds....

Financial planning

The amount of superannuation guarantee charge raised by the Australian Tax Office has quadrupled over five years, according to the body’s latest data....

Superannuation

Fines issued to employers for not paying superannuation to their employees have quadrupled over the past five years, casting a pall over the ability of the super system t...

Financial planning

Can financial advisers give specific taxation advice? Are they authorised to discuss tax matters with clients at all? Even armed with a new tax ruling that appears to fav...

Financial planning

One of the industry standards which will make the transition to choice of fund easier for employers has been launched by the Assistant Treasurer, Mal Brough....

Financial planning

The federal government will act on its promise to make administering super guarantee payments easier for employers next Monday by launching a new streamlined electronic p...

Financial planning

The Australian Taxation Office has renewed its campaign aimed at reuniting people with their lost superannuation accounts....

Financial planning

The Federal Government will kick off the multi-million dollar awareness campaign surrounding choice of superannuation fund in April....

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