by admin | Jun 26, 2012 | Video
The Institute of Public Accountants’ senior tax adviser, Tony Greco, informs viewers on what trustees must do for the 2012 financial year.
by admin | Jun 1, 2012 | Features
Australia’s Future Fund is a sovereign wealth fund, of sorts. It’s small, and built for the purpose of providing for unfunded public service and defence employee pensions from 2020 onwards. It operates under tight controls. The fund has received contributions from a...
by admin | Jun 1, 2012 | Features
The basis of a consumption tax A consumption tax is an expenditure or a cash-flow tax. Put simply, it is a tax on what people spend. Two economists¹ describe the difference between income tax and consumption tax this way: “Taxing income taxes what people contribute to...
by admin | Jun 1, 2012 | Features
Pre-filling and small business benchmarks This tax time I encourage tax agents to use our pre-filling service, which is available through the agent portal. This service is designed to make the process of preparing tax returns easier, quicker and more accurate for tax...
by admin | Jun 1, 2012 | Features
Superannuation Superannuation was once more targeted by the Treasurer as a source of ‘savings’. Almost $2.5 billion of the savings in the Budget come from reducing the tax effectiveness of superannuation. This will be achieved through, firstly, halving the...
