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Australian Tax Office Updates

Registering a SMSF for an ABN

Registering a SMSF for an ABN

Registering an SMSF for an ABN Gavin: The ATO has provided the following advice regarding registering a SMSF for an ABN.  The guidance is probably most relevant where a person aged over 65, who is not working, wishes to set up a new SMSF and roll...

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Lost super by postcode

Lost super by postcode

The following data provides a breakdown of the lost super by postcode as at 31 December 2014. State Total no. of accounts Value of accounts ACT 22,270 $248,435,330.45 NSW 405,079 $4,212,608,046.21 NT 23,819 $208,096,039.80 QLD 274,790...

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Capital allowances

Capital allowances

Capital allowances Capital allowances: effective life review for certain determinations in Table A of Taxation Ruling TR 2015/2 – review to begin We are reviewing certain determinations in Table A of Taxation Ruling TR 2015/2 – ‘the...

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Lost super by postcode

The following data provides a breakdown of the lost super by postcode as at 31 December 2014. State Total no. of accounts Value of accounts ACT 22,270 $248,435,330.45 NSW 405,079 $4,212,608,046.21 NT 23,819 $208,096,039.80 QLD 274,790...

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need2know: Miners may drag on ASX

need2know: Miners may drag on ASX

need2know: Miners may drag on ASX Local shares are poised to open flat, though weakness in commodities may weigh on resource producers. What you need2know SPI futures down 2pts at 5550 AUD at 73.75 US cents, 91.44 Japanese yen, 67.54 Euro cents...

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