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IFPA pre-budget submission calls on government to rethink rules

The Institute of Financial Professionals Australia is calling on the federal government to review the tax and superannuation system with a focus on controversial superannuation changes that have most

When families don t like the will, there s a way to change it

If dad cuts mum out of the family home (to protect her from the ageing Lothario down the street), she and the kids can get together to rearrange things.

The devil is in the detail : What to remember when combining contribution splitting and reserving strategies

The devil is in the detail : What to remember when combining contribution splitting and reserving strategies
smsfadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smsfadviser.com Daily Mail and Mail on Sunday newspapers.

Tax administration lessons learnt from COVID-19 (and promptly forgotten) - Tax

To print this article, all you need is to be registered or login on Mondaq.com. Although most of us will remember 2020 as a year of enormous disruption and difficulties, it likely represents the zenith of tax administration in Australia. Driven by Treasury s JobKeeper and Cashflow Boost programmes, the ATO pivoted in a way never seen before in an organisation of over 20,000 employees. In a surprising, but necessary, decision the Commonwealth government tasked the ATO with supporting nearly one million businesses and three million employees. In the first iteration of JobKeeper alone, the ATO handed out nearly $9 billion in payments

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