tax

Tools & guides

Tax on super death benefits: Paid to estate v beneficiary

Linda Bruce compares how superannuation death benefits are taxed when they are paid to an estate or a beneficiary....

Financial planning

Individuals are being advised not to be too hasty with filing their tax returns early as there are additional complexities in play this year. ...

Expert Analysis

How to give clients’ super balances a post-election boost

Making sure clients are doing everything they can to boost their super is always a good idea, Laura Wright believes, and the lead-up to the end of the financial year is a...

Superannuation

Call for super funds to centralise portfolio management

It’s time for super funds looking for new ways to value-add to get serious about using a centralised portfolio management (CPM) approach, global implementation specialist...

Features

When tax time falls during a federal election

As 30 June approaches, advisers are starting to look at how to best leverage tax concessions to benefit their clients’ bottom lines. Even during a Federal Election campai...

Policy & Regulation

Tax agents banned following consumer complaints

Two registered tax agents, QTR Accountants and Nicoh Group, have had their registrations terminated following 19 consumer complaints about their conduct....

Superannuation

Parametric wins tax-managed mandate

Parametric has won $200 million custom global equities mandate from a large Australian superannuation fund....

Policy & Regulation

ATO refines data-matching of share trades

Advisers and their clients have been put on notice to maintain a tighter focus on share trades with the Australian Taxation Office now capable of matching share trades ag...

Policy & Regulation

Warning on tax changes to international capital

The Federal Government has been warned of unintended consequences flowing from its plans to impose a 30 per cent withholding tax on international capital in the property ...

Policy & Regulation

Government fast tracks tax relief for SMEs

The Federal Government will introduce legislation during the next session of Parliament that will fast-track its business tax relief for more than three million small to ...

Financial planning

ATO gets adviser info from foreign interests push

The Australian Taxation Office has revealed that Project DO IT provided “valuable intelligence” about financial institutions and advisers that may have been involved in o...

Financial planning

Planners secure strategic win on Tax Agent legislation

Exposure draft legislation suggests the financial planning industry has secured a significant win on allowing advisers to represent their clients on tax issues....

Policy & Regulation

Govt aims to close stapled structure tax loophole

The Federal Government has drafted legislation aimed at shutting down an unintended tax concession arising from stapled structure arrangements....

Policy & Regulation

ATO cracking down on individual tax debt

The Australian Taxation Office has revealed an income tax gap of $8.7 billion for individuals not in business for FY2015, warning that they were planning to crack down on...

Financial planning

Tax (financial) adviser numbers stay steady

As the 31 January renewal deadline for tax (financial) advisers passes, the Tax Practitioners Board (TPB) has revealed that the total number of advisers seeking registrat...