by Shared from SMSF Adviser | Aug 16, 2022 | News
The decision, Prescott and Commissioner of Taxation (Taxation) [2022] AATA 2478, concerned the different tax treatment of pensions and lump sums received by members of superannuation funds. The applicant in this case, Mr Prescott, reached his preservation age in 2012...
by Shared from Investor Daily | Aug 16, 2022 | News
A new report from the Commonwealth Bank (CBA) has predicted that the use of Australian Carbon Credit Units (ACCUs) will increase due to the rising number of net zero commitments from Australian businesses. The bank said that Climate Active certification, which is...
by Shared from Accountants Daily | Aug 16, 2022 | News
Speaking on the latest Accountants Daily podcast, general manager of technical policy Tony Greco said the government was sticking to its word but neither initiative would make much impact on the deficit. The government said its multinational tax package aims to “close...
by Keeli Cambourne | Aug 15, 2022 | News
Research by the Commonwealth Bank showed most businesses are maintaining a positive outlook regarding purchasing plans, despite the major challenges of continuing supply chain issues and rising costs with many turning to innovation and investment to help them grow....
by Keeli Cambourne | Aug 15, 2022 | News
The Administrative Appeals Tribunal (AAT) supported the Tax Practitioners Board (TPB) decision to terminate Gregory Kennedy’s tax agent registration, with a ban from reapplying for three years. Deputy president Bernard McCabe agreed that Mr Kennedy was no longer a fit...