 MICHAEL TWOHILL | MONDAY, 11 JUL 2022 From 1 April 2022, parties to family law property settlement proceedings can apply to the Family Law Court registries to obtain details of their former partner's superannuation information held by the Australian Taxation Office (ATO). The aim is to ... Read more  JUSTON JIRWANDER | SUNDAY, 29 MAY 2022 "Where there is a Will, there is an inheritance tax" said Silvio Berlusconi, erstwhile Italian prime minister. So it is no surprise that Italy, along with many of its European neighbours, has both a gift tax and an inheritance tax. Read more  KMT PARTNERS | FRIDAY, 20 MAY 2022 With the end of financial year 2022 just around the corner, there are some key updates that you should be aware of for this tax season. After some two years of leniency, the ATO is ramping up its debt collection activities. Read more  GRAEME COLLEY | FRIDAY, 13 MAY 2022 Many trustees and members of not only SMSFs, but also public offer superannuation funds, are interested in the payment of death benefits if they or their spouse were to die. During many conversations with couples, the question, 'but what if we were ... Read more  DOMINIQUE PERRY | FRIDAY, 18 MAR 2022 One of the supposed benefits of a discretionary trust is that it protects the assets of the key beneficiary(s) of the trust from attack by creditors. Read more JUSTON JIRWANDER | WEDNESDAY, 3 NOV 2021 The Family Tax Benefit (FTB) is a two-part payment to assist with the cost of raising children. Read more KMT PARTNERS | FRIDAY, 11 JUN 2021 Every March 31, the fringe benefits tax (FBT) year ends. With the ever-increasing budget deficits as a result of COVID-19, the Australian Taxation Office (ATO) will be reviewing whether all employers who should be paying FBT, are paying it and that ... Read more  APRIL KENNEDY | FRIDAY, 20 NOV 2020 Capacity can be an emotionally charged topic, especially in relation to dementia or Alzheimer's disease and other degenerative conditions. This paper discusses how a Will might be challenged on the basis of mental capacity and why this is such an important ... Read more  GEOFFREY MILANI | TUESDAY, 27 OCT 2020 Many people generously leave gifts to charities in their Wills to support the community or important causes. Unfortunately, these gifts sometimes run into issues when the charities named in the Will amalgamate with other charities, are wound up, or ... Read more  LYNNE GIBSON , LETTY CHEN | FRIDAY, 21 AUG 2020 Expenses associated with the running of an individual's home are usually private and domestic and nature. However, deductions for 'home office expenses' may be available under section 8-1 and Div 40 of the Income Tax assessment Act 1997 ... Read more |
Latest News
NCAs unlikely to solve retirement advice gap: HUB24, CFS
|HUB24 and Colonial First State (CFS) say the New Class of Advisers (NCA) will unlikely solve the retirement advice gap Australians face, noting the focus needs to be on helping reduce friction for those with complex advice needs.
Advised cover faces claims data test
Group superannuation insurance appears to outperform individual advised cover on some claim's measures, raising questions about the value of advice when it comes to protecting clients against disability.
ASIC stalls Sequoia bid to ditch cross guarantee deed
ASIC is again putting up roadblocks to Sequoia Financial Group's attempt to revoke the deed of cross guarantee with InterPrac Financial Planning, asking more questions and requesting more information before the group rids itself of all liabilities arising from the Shield and First Guardian disaster.
Praemium's new leadership toughens earnings yardstick
Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders.
Further Reading
Cover Story
Advice with soul
SACHA BURCHGART
FOUNDER & MANAGING DIRECTOR
BURCHEART PTY LTD
FOUNDER & MANAGING DIRECTOR
BURCHEART PTY LTD
Though she initially tried, Sacha Burchgart couldn't escape the call of a career in financial advice; it just took staring down her own mortality to see what's possible when you do things differently. Jamie Williamson writes.
Expert Feed
How technology is turning tax complexity into client clarity
What used to be a relatively simple back-of-the-envelope calculation is now much more challenging, Morningstar says.
Why Australia's financial advisers will be more valuable in 10 years, not less
Despite a rise of innovative solutions across the wealth management sector, financial advisers will prove valuable for in-person advice.
What America's $1 trillion direct indexing boom tells us about the evolution of MAs
What Australia can learn from direct indexing, a tax-efficient form of managed accounts utilised in the US.
Stonepoint is another lesson in fund governance and investor protection
The demise of the Stonepoint Capital Fund may have gone under the radar for many, but proves an important point for independent governance when examined.
