taxation

Policy & Regulation

The ATO has been urged to treat the provision of advice within super equally across types of funds....

Superannuation

SMSF trustees need to understand the constraints with respect to related party loans, write DBA Lawyers principals Bryce Figot and Daniel Butler....

Financial planning

BT launches website to keep financial advisers in the loop

With legislative change sweeping across the financial services industry, BT Financial Group has launched a website designed to keep advisers up to date with the latest po...

Financial planning

Foreign investors reap benefits of tax law

Foreign investors will be exempt from paying tax when using an Australian fund manager under the Investment Manager Regime which passed through Parliament yesterday....

Editorial

Praemium announces $3.9 million loss

Portfolio administration firm Praemium has announced a net loss before tax (but inclusive of restructuring costs) of $3.9 million for the 2011-12 financial year....

Superannuation

Trust beneficiaries face new income tax amendment period

The Australian Taxation Office has confirmed that the income tax amendment period for 'potential' trust beneficiaries is four years....

Financial planning

Scaled advice paper '90% there': Sheehan

ASIC's recent scaled advice consultation paper does a fantastic job of clarifying how scaled advice will work in practice but leaves one significant gap, according to MyA...

Superannuation

Draft pensions ruling leaves uncertainty: SPAA

The SMSF Professionals' Association of Australia has urged the Australian Taxation Office to release the final tax ruling on when a superannuation income stream commences...

Policy & Regulation

ATO warns on exploitative GST arrangements

The Australian Taxation Office (ATO) has warned taxpayers to be careful about claiming large input tax credits when acquiring intangible items at grossly inflated values....