The ATO is pursuing company directors for unpaid PAYG tax and unpaid super under the revamped Director Penalty Notice regime which kicked in last year. Peter Wright how directors can be caught out and how they should respond when the ATO comes knocking.
Thu, 21 Feb 2013 2:30pm
Under recent changes to the tax law the director penalty regime has been extended to make directors personally liable for their employees super contributions. Lis discusses the circumstances in which directors will be liable for super contributions and possible defences under the regime.
Tue, 28 Aug 2012 9:30am
The Government's reform agenda for superannuation took another step forward with ASIC's latest release on the Stronger Super package. John Edstein discusses the key issues in the announcement as well as the next steps for industry to participate and prepare for the reforms.
Fri, 3 Aug 2012 12:00pm
The ATO has issued its final ruling on SMSF gearing structures known as limited recourse borrowing arrangements. In what has been largely applauded by industry players, Neal Dallas explores the latest ruling which primarily affects super trustees wishing to gear into property investment.
Thu, 26 Jul 2012 2:00pm
The cap on superannuation contributions has been halved to $25,000 from 1 July putting high income earners at risk of being heavily penalised by the ATO should they breach the new cap. Martin O'Connor sets out how the new cap is calculated, the penalties that apply and what employers should do to ensure their highly paid executives are not caught out.
Wed, 4 Jul 2012 2:15pm
With a number of superannuation changes announced in this year's Budget many are concerned about the likely impact this will have on older Australians. Hannah walks us through the different changes and provides some handy tips for those looking to boost their retirement savings.
Wed, 16 May 2012 9:30am
Investment and community confidence are the big losers in this Budget's tax and super announcements. Jock and Heather reflect on Budget 2012-13 and discuss how the uncertainty surrounding policy is likely to be received by the business community and general public.
Wed, 9 May 2012 5:30pm