Treasury has released proposed legislative changes to the non-arm’s length expenses (NALE) rules. While they are not as bad as the initial proposal to tax NALE at a rate of 225%, they are […]
On 24 January 2023, the Institute of Financial Professionals Australia submitted its 2023/24 pre-budget submission on superannuation matters. We believe there are number of measures that can be introduced by […]
On the 11 December 2022 the Institute of Financial Professionals (IFPA) together with other external professional association members of the Tax Practitioners Board (TPB) Consultative Forum made a submission in […]
The Institute of Financial Professionals Australia (IFPA) is an association that represents several elements of what the general public commonly regard as being professionals in the financial services industry in […]
Tax & Super Australia (TSA) opposes the limiting of the size of account balances in superannuation funds. TSA Head of Superannuation Natasha Panagis said introducing a cap on superannuation balances […]
Tax and Super Australia (TSA) welcomes the opportunity to make a submission to the Australian Taxation Office (ATO) in relation to the draft Practical Compliance Guideline PCG 2022/D4 “Claiming a […]
Tax & Super Australia (TSA) has welcomed the passage of legislation which aims to reduce complexity and make it easier for older Australians contribute to superannuation. Several superannuation proposals announced […]
On 5 October 2022 Tax & Super Australia wrote to The Honourable Dr Jim Chalmers MP Treasurer regarding the 2022-23 pre-budget income tax matters noting that our members have an […]
The ATO has released a paper with five additional examples which they propose to include in the green zone. The situations covered by these examples include where: a loss trust […]
On 30 September 2022, Tax & Super Australia as an advocate for our members and the tax industry made a submission to Treasury in respect of exposure draft legislation released […]
