News : Tax

ATO, Tax

Government’s super changes need stopping

superannuation legislation, taxing of unrealised capital gains, $3 million super tax, Division 296 tax, farmers, total superannuation balance, Naz Randeria, Reliance Auditing Services.

Changes to superannuation legislation should be a key election issue as the government’s proposed changes will impact future generations.

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Legislation, SMSF, Tax

Division 296 delay welcomed

tax, CA ANZ, Better Targeted Superannuation Concessions, legislation, Ainslie van Onselen, Bill, federal election,

The stalled passage of the Division 296 bill through parliament has been welcomed as calls continue for the Senate to vote against its approval.

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Legislation, Tax

Div 296 bill remains in limbo

Better Targeted Superannuation Concessions and Other Measures, Division 296 tax bill, Institute of Financial Professionals Australia, Michaelia Cash, unrealised capital gains

The Division 296 tax bill has proceeded no further in the Senate after the government did not include it in the order of business for the current sitting period.

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Accounting, Legislation, SMSF, Superannuation, Tax

Trust low over ALP super policy

The latest research into consumer sentiment regarding superannuation policy has shown a distinct distrust in the government among Australians.

The latest research into consumer sentiment regarding superannuation policy has shown a distinct distrust in the government among Australians.

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Superannuation, Tax

Div 296 delay shows support uncertain

Division 296 tax Senate Crossbench SMSF Association Peter Burgess $3 million super cap bill credit card and debit card surcharges unrealised capital gains

The absence of the Division 296 bill in the current proceedings of the Senate indicates the government lacks the support to pass it and is working to convince crossbenchers.

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Tax

Senate must deny Div 296 passage

Australian senators should end the progress of the Division 296 tax bill, which may result in people having to borrow to pay the impost on super fund members.

Australian senators should end the progress of the Division 296 tax bill, which may result in people having to borrow to pay the impost on super fund members.

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Superannuation, Tax

Division 296 deliberately deceptive

Division 296 tax Financial Services Council Blake Briggs Superannuation Self-managed superannuation SMSF

A leading industry figure has accused the federal government of intentionally misleading the public as to who the Division 296 tax will ultimately impact.

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SMSF, SMSFA, Superannuation, Tax

Govt’s Div 296 focus short-sighted

SMSF Self-managed superannuation Division 296 tax SMSF Association Peter Burgess unrealised capital gains early-stage funding

The government’s focus on the impact of the Division 296 tax on a small number of superannuants is short-sighted and overlooks the investments those people make in business and companies.

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Superannuation, Tax

SMSFA provides Div 296 bill update

Division 296 tax SMSF Association Peter Burgess Unrealised capital gains SMSF Self-managed superannuation

The SMSF Association has informed members about the status of the Division 296 tax bill and its views as to what might happen in the coming months.

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Legislation, Tax

Treasurer’s Div 296 claims rebutted

The SMSF Association has rejected the latest justification Treasurer Jim Chalmers has made regarding contentious elements of the Division 296 tax.

The SMSF Association has rejected the latest justification Treasurer Jim Chalmers has made regarding contentious elements of the Division 296 tax.

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