by Shared by SMSF Adviser | Jul 9, 2020 | News
According to figures from the ATO, early super withdrawals have seen a $7.1 billion spike since 1 July, and will soon surpass the Treasury’s initial estimate of $27 billion in withdrawals as the second round of $10,000 withdrawals began. Read more at SMSF...
by Shared by MyBusiness | Jul 9, 2020 | News
Treasurer Josh Frydenberg has confirmed that the government is looking into speeding up the scheduled income tax cuts with the aim to boost consumption, which has been dealt a mighty blow as a result of the global pandemic. Read more at MyBusiness.
by Maja Garaca Djurdjevic | Jul 8, 2020 | News
The TPB has terminated Associates Vic Pty Ltd, trading as Brown Baldwin and Associates (BBA), and imposed the maximum five-year ban. During the investigation, the TPB found that BBA maintained two sets of financial accounts, one set for bank purposes and another for...
by Shared by the ifa | Jul 8, 2020 | News
“Planners trust their technology providers to help them improve the quality of their advice delivery, and providers can do more to satisfy their high expectations,” said Investment Trends research director Recep Peker. Read more at the ifa.
by Shared by MyBusiness | Jul 8, 2020 | News
Treasurer Josh Frydenberg has predicted Victoria’s COVID surge to cost the economy $1 billion per week, as businesses across Melbourne are forced into a six-week lockdown after the city only just emerged from stern countrywide restrictions. Read more at...
