tax concessions news
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Call to reveal cost of super changes over decade
Sydney :: Australia | 1 month ago
Credibility
The changes will affect about 16,000 of the country's highest earners next financial year . Richard Denniss, the executive director of The Australia Institute think-tank, says super tax concessions will cost the budget $32 billion this year...Dr
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Super plan defuses political time-bomb
Melbourne :: Australia | 1 month ago
Credibility
People save against long term targets for final retirement lump sums and income streams. The key change, to impose a 15 per cent tax on the earnings above $100,000 from superannuation retirement accounts that have moved into their distribution phase,
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Super concessions not so generous: report
Sydney :: Australia | 3 months ago
Credibility
TAX concessions within Australia's superannuation system are not as generous as those in other countries...The research by consultant Mercer was released on Monday amid speculation the federal government could tinker with the tax concessions to
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RBI plans to trim banks' govt bond holdings to ease liquidity
Mumbai :: India | 4 months ago
Credibility
To increase liquidity, the Reserve Bank may reduce the quantum of government securities to be held by banks under the 'held to maturity' (HTM) category, deputy governor HR Khan said . "We will consider reducing the G-secs under the HTM category to
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Left questions govt's tax concessions to the rich
New Delhi :: India | 10 months ago
Credibility
Left parties today criticised the government for its "biased policies" favouring the rich by providing them tax concessions to the tune of Rs 5,28,000 crore instead of spending that amount on ensuring food security. The government was unwilling to
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Bitter tears hide super self interest
Melbourne :: Australia | 12 months ago
Credibility
Kerrie Leishman One of his partners, Brad Twentyman, agrees. ''Superannuation at higher incomes has become very marginal and there is nothing compelling to drive self-sufficiency in retirement,'' he says. ''This is not the system we should be aiming
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Budget 2012 Case Study: The small business owner
Sydney :: Australia | 1 year ago
Credibility
S Budget gave with one hand, and took with the other for Australia's 2.7m small businesses. While the Government scrapped a plan to cut the company tax rate from 30 per cent to 29 per cent it threw a lifeline to small business owners with other tax
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President Mahinda Rajapaksa announces a people friendly and development oriented Bust for 2012
Jaffna :: Sri Lanka | over 1 year ago
Credibility
50 editor Sri Lanka's 2012 Budget submitted by President Mahinda Rajapaksa in the capacity of the Minister of Finance in the Parliament yesterday aims to strengthen all sections of the society and to build the nation upon building the village and
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Sports clubs accused of rorting tax concessions
Victoria :: Seychelles | 2 years ago
Credibility
Jason Dowling May 6, 2011 Sports clubs are rorting concessions on their poker machines profits...Clubs pay 8.33 per cent less tax on their poker machine takings than hotels in Victoria but must demonstrate in annual returns that they have provided
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NZFSU set to reap $29m Uruguayan tax concessions (NZPA)
Montevideo :: Uruguay | almost 3 years ago
Credibility
The benefits would be available to offset the company's tax liability once it becomes profitable, anticipated to be in the 2011-12 financial year. Company chairman John Parker said approval of the income tax concessions recognised its investment in
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