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  1. Super tax will haunt government: Spender

    legislation since its inception two years ago and led the charge of opposition in the Lower House during the government’s last term of office. “I think this is bad for Labor. The ability to run scare campaigns on taxation of unrealised gains means if...

  2. Super tax rebate gaining support

    rebate to be introduced, as a former Association of Financial Advisers president makes headway with government. In December last year, principal at Paramount Wealth Management, Wayne Leggett, said that instead of concessional contributions being...

    • Type: Article
    • Author: Katarina Taurian
    • Category: Tax

  3. Super returns on the up despite clients’ hesitation

    momentum had both helped returns hit the estimated 10.5 per cent – almost double the 5.6 per cent average seen over the last decade. This figure would also mark the sixth consecutive year of positive returns, the statement added. As a result of the 2016...

  4. Super Retail Group hands back $1.7m in JobKeeper subsidies

    and were claimed for staff at Macpac during the first phase of the program. Macpac had operated 72 stores by the end of last June. “From our team member and customer perspective, we just took the view that it was the right thing considering the scale of...

  5. Super objective for retirement income finally ‘locked in’, says SMC

    Members Council of Australia (SMC) congratulated the Senate and government on passing the Superannuation Objective Bill last Thursday. The bill was introduced into the House of Representatives in November 2023 and would be an important legislative...

  6. Super deductions emerge as leading tax planning strategy: ChangeGPS

    so far this year, with the deduction accounting for 71 per cent of recommended tax deduction strategies, up from 65 per cent last year, according to new research. ChangeGPS last week released a first-of-its-kind tax advice trends report which sampled...

  7. Super concessions tipped to change

    be good to get some certainty around the government’s intention." The government released its tax discussion paper in March last year after several months’ delay. The final white paper is expected to be delivered in the first half of this year.

    • Type: Article
    • Author: Katarina Taurian
    • Category: Tax

  8. Super balance cap would destabilise the system: TSA

    on superannuation back the agenda by highlighting the size of some self-managed funds and their cost to budget. In a speech last week Assistant Treasurer Stephen Jones said there were 32 self-managed super funds with more than $100 million in assets and...

  9. Suncorp faces class action over alleged conflicted remuneration

    remuneration using members’ funds. William Roberts Lawyers and Litigation Capital Management have followed up on intentions last month to bring a class action through the NSW Supreme Court against Suncorp Super. The class action will allege that Suncorp...

    • Type: Article
    • Author: Reporter
    • Category: Business

  10. Sun about to set on range of popular tax measures, ATO warns

    30 June 23. That’s where companies can, if they make current year losses, claim them against other income years over the last three years.” “I think it’s a useful one to support business.” One compensation in the budget is the implementation of the...

  11. Sukkar issues myGov warning to agents

    as the ATO resumes processing early access to super applications. Early release of superannuation applications were paused last Friday after the ATO and the Australian Federal Police were made aware of identity fraud that saw 150 people affected....

  12. Succession planning overlooked by family businesses, says EY

    Australian family businesses, according to a new report from EY. The report, Staying power: how do family businesses create lasting success?, launched by EY and Kennesaw State University’s Cox Family Enterprise Centre, surveyed 25 of the largest...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  13. Successful accounting firms embracing technology

    aims to shed light on technology adoption, current challenges, and strategic priorities for the upcoming year. Comparing Last Year's Goals with Current Priorities: As technology continues to reshape the accounting industry, embracing its potential...

  14. Success and happiness: The real gift to accounting firm coaches

    about how it feels. You know, we can ask our clients for example, how does it feel to earn four and a half times as much as last year, or in their entire life,” she said. “What does that even feel like? It’s not that I like tracking the numbers. I just...

  15. Subscription revenue drives strong Reckon results

    per cent of our international group are on subscription products too. Overall we were around 50 per cent of our businesses last year so it’s a huge achievement.” Mr Rabie said strong subscription revenue is important for the long-term future of the...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  16. Submissions open for Women in Finance Awards 2022

    from the individual category winners will be crowned as the recipient of the prestigious Women in Finance Excellence Award. Last year, FAB Tax Accountants’ Miriam Holme walked away with the Excellence Award after winning the Accounting Consultant of the...

  17. Submissions open for 10th Australian Accounting Awards

    wellness initiatives. One individual winner with the highest score will walk away with the coveted Excellence Award trophy. Last year’s recipient of the Excellence Award was Mason Dunn, chief financial officer at Carbon Group, after he also won the...

  18. Submissions now open for the Australian Accounting Awards

    head of partnerships at Accountants Daily, believes this will be another record-breaking year for submissions. “Over the last four years we have been inundated with high-quality submissions, and award recipients represented a great cross-section of the...

  19. Submissions now open for Australian Accounting Awards 2016

    Awards, partnered by Reckon, have been developed to recognise excellence right across the accounting sector. The response to last year’s event was "staggering", according to AccountantsDaily publisher Terry Braithwaite. AccountantsDaily received a...

    • Type: Article
    • Author: Reporter
    • Category: Business

  20. Student outrage sees CA timetable changed to 2019

    unclear. A third capstone module will be available for students in 2018 and 2019, according to an announcement to candidates last week. Under the current timetable, some students finishing their technical modules in term two had to wait up to eight...

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