Currently, employers pay superannuation quarterly, even though employees are paid in fortnightly or monthly pay cycles.
May 4, 2023The Australian Taxation Office is seeking to identify individuals who are failing to meet their tax obligations on residential investment properties.
April 14, 2023A review of the YFYS reforms that commenced in September found that the performance can encourage short-termism and discourage.
April 10, 2023The proposed model will increase the tax rate for earnings from superannuation balances that exceed A$3mn.
April 5, 2023The lawyer allowed proceeds of crime to be received and transferred out of his legal practice’s trust account.
March 23, 2023Proposed amendments prescribe the circumstances in which foreign investors must report certain interests and information for inclusion in the new Register.
March 5, 2023Former PwC tax partner Peter-John Collins leaked information about confidential tax reforms being proposed at the time.
January 26, 2023AFS licensees are responsible for notifying ASIC by 1 February whether their financial advisers can provide tax (financial) advice services.
January 10, 2023Legislation passed last October required financial advisers to register with ASIC by 1 January 2023. The new deadline is 1 July 2023.
November 8, 2022Australia's Treasury said it is looking to identify unintended consequences and implementation issues arising from the YFYS laws passed in 2021.
September 8, 2022