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Financial planning

A superannuation lawyer has decried calls for family trusts to pay full CGT, arguing all loopholes around this have now closed....

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Superannuation

Myths surrounding the equity and sustainability of superannuation tax concessions will need to be debunked if there is to be a serious debate about reform, ASFA believes....

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Accounting

Tax agents are resisting the ATO’s push for taxpayers to use its online myTax service this tax season....

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Policy & Regulation

The Law Council of Australia has backed Government amendments which would exclude Australian private companies from tax transparency laws as alleviating an injustice....

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Tools & guides

Financial planners play a vital role for clients during a relationship breakdown, and they must join hands with legal and tax advisers, Catherine Chivers writes....

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Policy & Regulation

The ATO has reaffirmed its ruling that the anti-avoidance rule for income tax did not apply to a personal services business paying a related employee super in excess of m...

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Policy & Regulation

Employee share schemes now have a better incentive to qualify staff with a share discount of up to 15 per cent of market value for start-ups....

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Superannuation

Federal Treasurer, Joe Hockey has extended the Government’s pledge not to change the super tax settings beyond the life of the current Parliament....

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Superannuation

Australia’s largest industry fund has added its voice to calls to limit super tax concessions to eliminate scope for estate planning....

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Policy & Regulation

To help restore the Budget, provide greater tax certainty, and improve the country’s economic competitiveness a key tax measure has passed through the Parliament....

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Superannuation

Industry fund body, AIST, tells Government strategies are utilising SMSFs, wraps and SMAs to indefinitely postpone the payment of CGT....

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Financial planning

The Financial Planning Association says tax complexity is driving the need for advice at the same time as creating a cost impediment to accessing advice....

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Policy & Regulation

With tax time coming up the ATO has urged investors to verify tax schemes as even accountants are getting caught out with slick-looking schemes....

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Accounting

Without a tax overhaul innovation, growth, and productivity will continue to be stifled in Australia, the Institute of Public Accountants believes....

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Accounting

Before making big purchases small business owners need to determine whether they are eligible for the $20,000 asset write-off announced in the Federal Budget, the IPA say...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago