MLC Lifetime has reached an agreement to settle a dispute with the ATO regarding the tax treatment of a reinsurance contract entered into by MLC Lifetime in the 1998 tax ...

The chairman of the Cooper Review has recommended monetary penalties for employers with sloppy super admin, and said that the current paper-based system should be address...

Treasurer Wayne Swan has announced the Government’s report into the Henry Review will be released before the Federal Budget in May....

The FPA is addressing concerns that uncertainty about the Tax Agents Services Act 2009 - which is intended to govern and raise the standards of the provision of tax agent...

As the self-managed super fund industry continues to grow rapidly, Andrew Yee explains how to ensure your clients effectively manage their SMSFs....

The Henry Review could grapple between the goal for a simpler Australian taxation system and making significant changes that might split labour and salary income from inv...

The Henry Review is unlikely to recommend raising the superannuation guarantee and super concessions may see a decrease, said KPMG director of superannuation and pension ...

The taxation regime needs be more robust to catch breaches of the Superannuation Industry Supervision Act, according to the chief executive of Opez, Cindy McDonald....

Mercer is urging tougher rules around SMSFs including around accountants and whether people should actually be in them....

Financial planners need to establish self-managed super funds with reserves to create more flexibility, argues SMSF Strategies principal Grant Abbott....

SPAA's technical director, Peter Burgess, has questioned a draft ATO ruling issued late last year....

Professionalism in the SMSF industry has improved greatly, but the ATO must remain firm with the sector, said Tax Commissioner Michael D'Ascenzo....

A Commonwealth and Taxation Ombudsman report has found that the ATO has established sound guidelines in the use of its 'access without notice' powers....

Philip La Greca examines the possible impact that the outcomes of the forthcoming government reviews will have on superannuation and, in particular, SMSFs....