ATO getting tough on those who don’t respond
The Australian Taxation Office said it is instigating stronger action for people who have not met their tax...
READ MOREContributions take a big hit amid uncertainty
The average level of contributions saw a dramatic drop in the September quarter, an indication of the influence of the previously proposed $500,000 lifetime cap, according to SuperConcepts.
The SuperConcepts SMSF Investment Patterns Survey shows that the average contribution inflow per fund for the quarter decreased from $10,750 to $3,040, the lowest contribution amount since the inception of the survey in 2007.
Read the full story at SMSF Adviser.
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EV tax cut will be made retrospective, says minister
Climate Change and Energy Minister, Chris Bowen, said when Parliament sits again at the end of July he is confident the...
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A record-breaking month for retail as inflationary pressures mount
Australian retail sales have set a new record for the third straight month with $34.2 billion spent in stores and...
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