Sentences with phrase «by superannuation»

The insurance premium paid by the superannuation fund can be claimed by the fund as a deduction to reduce the 15 % tax on contributions and earnings.

Delivering judgment in R (on the application of PCS) v Minister for the Civil Service, Sales J quashed the amended CSCS on the grounds the government failed to obtain the union's consent, as required by the Superannuation Act 1972, s 2 (3).

I believe that it is owned by a superannuation company and its power is being bought by AGL.

We could finally have an idea of a new Sony IP via a domain registration found by Superannuation.

As spotted by Superannuation, Redding has updated his LinkedIn profile to reflect his job change, which happened sometime this month.

According to the listing, discovered by Superannuation, the studio's looking for a network programmer who has «previous experience developing network backend support on a multi-console title with support for matchmaking, stat tracking and analysis, in - game push updates, etc..»

[49] These transfer balance credits and debits will be reported to the Commissioner by superannuation income stream providers.

The Commissioner will issue determinations based on information that we hold about your transfer balance account (such as information reported to the Commissioner by superannuation income stream providers and transfer balance debits notified by you).

A credit will arise in your transfer balance account in relation to a payment made by a superannuation provider under a limited recourse borrowing arrangement (LRBA) that was entered into on or after 1 July 2017 where:

Given the low rate of tax paid by superannuation funds, their ability since 2000 to recoup excess franking credits, and the large difference in tax effect between working and pension members, one would assume that super trustees would be among the most tax aware of investment fiduciaries.

Lawrie Lyons, professor emeritus at the University of Queensland, thinks the huge sums now generated by superannuation funds should be used to buy equity in multinational corporations.

Not exact matches

The firm, First State Superannuation, returned the favor by sending the police to his home and threatening to sue him.

Mr Keith said the administration of stand - alone superannuation funds currently managed by Mellon would also be transferred interstate.

Since the early 1980s, the proportion of household financial assets held as deposits has fallen from about 50 per cent to below 30 per cent; this has been mirrored by a comparable rise in the proportion of household assets held as claims on life insurance and superannuation funds (Graph 11).

Ben Gray's exquisitely timed $ 4.1 billion takeover of hospitals group Healthscope is the perfect catalyst to explore the radical shift occurring in Australia's capital markets led by industry superannuation funds.

Household sector financial assets increased by 1.7 per cent in the March quarter, a somewhat slower rate than in previous quarters, as a reduction in the value of direct equity holdings partially offset strong gains in the value of funds held in superannuation.

AUSTRALIA — Plan members can access impact investment opportunities simply by being a member of certain superannuation funds, which in turn allocate a percentage of their portfolios to impact investing.

The following statement was made by Kenneth Hayes, the Commissioner at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry:

«AMP is well placed to take advantage of the growing pool of superannuation and fund management assets as the superannuation industry doubles in size by 2026.

The fund, which owns 23,000 hectares of the highest - quality farms in Australia — from King Island to Moree in NSW — is backed by major superannuation funds such as Australian Super, Australian Catholic Super, AMP Capital, the former AUSCOAL Super now Mine Wealth & Wellbeing, the University of Melbourne, Christian Super and private investor and retiring AFL chairman Mike Fitzpatrick.

Numerous agriculture executives have long complained about a reluctance by Australian superannuation funds to invest in local assets, driving up demand for foreign capital.

Farmland owner the $ 167 million Sustainable Agriculture Fund, backed by Australia's leading superannuation funds, has delivered a net profit of $ 4.9 million for the six months to December, up on the $ 1.7 million in the previous corresponding period.

Mr Webb confirmed First State Super was one of several superannuation funds backing a plan by some Western Australian grain growers to privatise Western Australian co-operative CBH Group and list the business on the Australian Securities Exchange.

The $ 2 trillion dollar superannuation industry invests on average just 0.3 per cent in the agriculture sector according to a survey commissioned by accounting group BDO.

The Sustainable Agriculture Fund, backed by some of Australia's leading superannuation funds, has struck a hurdle in selling off one of the prized gems in its rural property portfolio — the King Island Aggregation.

«The news that the school has to pay for the increase in teachers» superannuation, paid by DE last year, and the 1 % pay award is a devastating blow.»

The annual entitlement of a capped defined benefit income stream is worked out by dividing the amount of the first superannuation income stream benefit you are entitled to receive from the income stream just after that time, by the number of whole days to which the benefit relates and multiplying the result by 365.

Penalties can be imposed by us for offences in relation to taxation and superannuation legislation.

The SHA special account (previously known as the «superannuation holdings accounts reserve») is administered by the ATO.

Changes introduced in the Family Law Legislation Amendment (Superannuation) Act 2001 allow a super interest to be divided by agreement or a court order following marriage breakdown.

If there is a net capital gain remaining at Step 5, that amount is reduced by the exempt proportion under subsection 295 - 390 (3) of the ITAA 1997 for the income year (or pursuant to section 295 - 400 in the case of pooled superannuation trusts), to determine the assessable amount.

Following the publication by the Super System Review (the Review) of A Statistical Summary of Self - Managed Superannuation Funds released on 12 December 2009, we released our own publication Self - managed superannuation funds: A statistical overview 2008 — 09 (the overview) in Superannuation Funds released on 12 December 2009, we released our own publication Self - managed superannuation funds: A statistical overview 2008 — 09 (the overview) in superannuation funds: A statistical overview 2008 — 09 (the overview) in December 2011.

In relation to TRISs, the transitional arrangements are intended to provide CGT relief by enabling complying superannuation funds to reset the cost base of CGT assets to their market value where those assets are re-allocated or re-apportioned from the current pension phase to the accumulation phase in order to comply with the new law.

They might do this by withdrawing amounts from the superannuation environment, or by transferring value from the retirement phase to the accumulation phase.

The exempt proportion under this provision for an income year is the: average value of a fund's current pension liabilities for the year, divided by the average value of its superannuation liabilities for the year.

S 295 - 385 (5) amended by No 81 of 2016, s 3 and Sch 8 item 3, by substituting» * RP superannuation income stream benefits of the fund» for» * superannuation income stream benefits payable by the fund», effective 1 January 2017 and applicable in relation to the 2017 - 18 income year and later income years.

Following the publication by the Super System Review (of A Statistical Summary of Self - Managed Superannuation Funds (the Review) released on 12 December 2009, we released our own publication Self - managed superannuation funds: A statistical overview 2008 — 09 (the overview) in Superannuation Funds (the Review) released on 12 December 2009, we released our own publication Self - managed superannuation funds: A statistical overview 2008 — 09 (the overview) in superannuation funds: A statistical overview 2008 — 09 (the overview) in December 2011.

The action we take depends on whether the debt is owed by an individual (or sole trader), partnership, trust, superannuation fund or company, and may include:

The changes to the superannuation system, announced by the Australian Government in the 2016 — 17 Budget, have now received royal assent.

Total superannuation assets in the period grew by 51 % or $ 686 billion, of which SMSFs contributed 26 % in the proportion of overall growth.

To find out about information requirements for claims made directly to your super fund by completing the paper form, refer to the Application for a departing Australia superannuation payment form (NAT 7204).

According to the official release issued by the Personnel, Public Grievances and Pensions Ministry, you can assess your superannuation money along with recording complaints via the pension calculator.

When lodging your online DASP application, if your super money was held by us, your application would have shown «Payment of unclaimed superannuation money», «Superannuation guarantee» or «Superannuation holding accounts reserve» instead of the susuperannuation money», «Superannuation guarantee» or «Superannuation holding accounts reserve» instead of the suSuperannuation guarantee» or «Superannuation holding accounts reserve» instead of the suSuperannuation holding accounts reserve» instead of the super fund name.

If, after 28 days, you haven't received your DASP, and your superannuation money is held by us, contact us about the progress of your claim.

This is the form which clients may complete in order to access their superannuation benefits held by the ATO.

Alternatively, if you are not able to lodge an Online application for your money held by super funds, you can use a paper Application for a departing Australia superannuation payment (NAT 7204) form and send the form directly to your super fund.

by a fund established for the benefit of Commonwealth, state or territory employees and their dependants (such as the Commonwealth Superannuation Scheme and the Public Sector Superannuation Scheme)

This can be done via myGovExternal Link or by completing a Superannuation fund nomination form (NAT 8676).

Temporary residents with super money held by super funds or ATO - held money need to use the Departing Australia Superannuation Payment (DASP) External Link online application system to claim super after leaving Australia.

We confirm that where an employer has made a payment to the SBSCH by the quarterly due date they are considered to have met their obligations under the Superannuation Guarantee (Administration) Act 1992.