taxation

Policy & Regulation

Tax reform needed over GST and public sector service funding

The Australian Bankers’ Association has called for a change to tax reforms as part of a review into how public sector services are funded....

Financial planning

Advisers still confused by entanglement in TASA regime

The Association of Financial Advisers has claimed that many advisers are still wondering why they have been entangled in the Tax Agent Service Act regime....

Accounting

IPA calls for accountability on ATO tech failures

The Institute of Public Accountants has called for greater accountability and a legal fix from the Australian Taxation Office over perpetual technology problems....

Financial planning

ATO reports false negatives for SG underpayment

The ATO has reported a higher proportion of false negatives for women on SG underpayment because part-time wages are ordinary time earnings, according to an ISA special a...

Superannuation

Labor proposes to tighten super tax belt

Labor has proposed to tighten super tax concessions on the $100,000 annual cap on non-concessional contributions and other areas, and to close other tax loopholes....

Superannuation

Don’t tax super on the way in

If super was not taxed on the way in and during accumulation, the tax office would be creative enough to work around making it an estate planning vehicle, a Senator belie...

Accounting

IPA calls for tax cut for small business

Cutting the company tax rate for small business will help drive future economic growth and fuel productivity, the Institute of Public Accountants believes....

Policy & Regulation

Govt warned on super lump sum myth

Actuarial firm Rice Warner has warned the Government against predicating Budget changes on the superannuation lump sum myth....

Superannuation

Stop raising revenue from super: Vision Super

Capital gains, negative gearing, company tax, and family trust tax concessions are worth far more than super tax concessions, Vision Super believes....

Superannuation

UniSuper to deliver tax advice

Following high demand for advice for both super and non-super related investments, UniSuper has partnered with PKF Melbourne to give specialist tax advice....

Policy & Regulation

Capital gains tax poised for overhaul

Australia’s capital gains tax regime will be overhauled following the introduction of two key legislative changes....

Superannuation

Treasury still overstating cost of super concessions

The Federal Treasury has revised downwards its estimate of the cost of super tax concessions but the industry believes they are still being over-stated....