Sentences with phrase «for superannuation fund»

Application form and instructions for superannuation fund members who want to split their super contributions.

A net capital gain is taxed as income, but if the asset was held for one year or more, the gain is first discounted by 50 % for an individual, or a third for a superannuation fund.

THE Government's proposed provisions for superannuation funds will undermine the superannuation system, according to the Institute for Chartered Accountants in Australia.

The securities regulator has raised the prospect of narrowing the deadline for superannuation funds to sort though member disputes internall...

This Guideline provides guidance on the transitional CGT relief [A1] available for superannuation funds because of the transfer balance cap and transition - to - retirement reforms commencing on 1 July 2017 (the CGT relief provisions).

Not exact matches

Perth - based Decimal Software will provide its financial planning technology to a South Australian industry superannuation fund for an undisclosed sum.

For instance, public unit trusts, investment - linked insurance policies and public offer accumulated contribution superannuation funds are all, with minor variations, long - term savings vehicles.

Interest in developing alternative sources of debt for Australian corporates is growing as more superannuation funds, borrowers and banks di...

BT Financial Group has called for the superannuation life insurance code to be made mandatory as it becomes the latest retirement fund to sign up to the charter.

Individuals, self - managed superannuation funds, companies and trusts may participate in this offer and apply for New Dawn Fund Units

Interest in developing alternative sources of debt for Australian corporates is growing as more superannuation funds, borrowers and banks discuss ways for retirement schemes to lend directly to companies.

«Universities Superannuation Scheme, the largest private pension fund in the United Kingdom, diligently prosecuted this case as lead plaintiff to assist in securing a fantastic recovery for defrauded investors as well as achieving some key legal rulings along the way.

He is responsible for advising superannuation and government funds on funds management investment processes, currency management, portfolio construction, investment strategy and manager selection.

UniSuper, one of Australia's biggest not - for - profit superannuation funds, has lifted its stake in Hancock's Taumata Plantations.

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.

First State Super head of income and real assets Damien Webb, a senior executive for one of the nation's largest superannuation funds, said the superannuation industry's view of agriculture was changing and he expected much more capital to flow into agriculture investments.

«The superannuation fund plans to open the door for many Australians to participate in the acquisition of S. Kidman & Co before the end of October.

For the purpose of applying the Government Superannuation Fund Act 1956, in accordance with subclause (2), to a person who holds office as the chief executive or, as the case may be, is in the service of the Electoral Commission as an officer or employee and (in any such case) is a contributor to the Government Superannuation Fund, the term controlling authority, in relation to any such person, means the chief executive.

However, subsection 23 (2) provides for a reduction of the charge percentage according to a formula where the employer has made contributions to a Retirement Savings Account or to a complying superannuation fund other than a defined benefit superannuation scheme for the benefit of that employee.

As the asset is not being dealt with for the sole purpose of enabling the fund to discharge all or part of its liabilities in respect of superannuation income stream benefits, it can not be a segregated current pension asset under subsections 295 - 385 (3) or 295 - 385 (4) of the ITAA 1997.

From 1 July 2017, a fund will lose the income tax exemption for assets supporting TRISs and similar superannuation income streams that are not in the retirement phase from this time.

The trustee of a complying superannuation fund or pooled superannuation trust must choose for CGT relief to apply for a CGT asset in the approved form.

Note, the fund could not use the segregated method for the 2017 - 18 income year because Tina's total superannuation balance exceeds $ 1.6 m on 30 June 2017 (refer to paragraphs 25 to 27 of this Ruling).

Sometimes, all of a fund's assets are held «solely» to meet liabilities it has to pay, for example, superannuation income stream benefits (including TRISs for the 2016 - 17 income year).

This is because complying superannuation funds that continue using the proportionate method, and pooled superannuation trusts, may have different relevant exempt proportions for an income year.

The fund could not use the segregated method for the 2017 - 18 income year because Tina's total superannuation balance exceeds $ 1.6 m on 30 June 2017 (refer to paragraphs 25 to 27 of this Ruling).

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.

This Ruling provides guidance on the transitional CGT relief [A1] available for trustees of complying superannuation funds and pooled superannuation trusts because of the transfer balance cap and transition - to - retirement reforms commencing on 1 July 2017 (the CGT relief provisions).

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.

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).

The ATO has deferred the due date for lodgment of self - managed superannuation fund (SMSF) annual returns for the 2016 — 17 financial year.

A Statutory Declaration stating that the superannuation fund has accepted the disability is likely to result in the inability to ever be gainfully employed in a capacity for which you are reasonably qualified because of education, experience or training.

Under the Superannuation Industry (Supervision) Act 1993, your super fund is authorised to collect your TFN, which will only be used for lawful purposes.

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)

The chart above shows the annualised inflation - adjusted index returns for Australian shares, fixed interest, and cash on a pre-tax basis, together with how those returns changed with the impact of taxes for two different types of taxpayers; superannuation funds (in accumulation mode) and an individual on the highest marginal tax rate (MTR).

A letter from the superannuation fund confirming fund has accepted the disability is likely to result in the inability to ever be gainfully employed in a capacity for which you are reasonably qualified because of education, experience or training.

For Australia's superannuation funds this was highly material.

If you are claiming the money as the Trustee of a superannuation fund or trust fund, download the How to claim money form for representatives.

As a guide, you or your business may be able to claim a tax deduction of up to $ 30,000 annually for contributions to your superannuation fund (or $ 35,000 annually if you are aged 50 or over).

If you have found a record on our unclaimed money search in the name of a deregistered company acting as trustee for a trust or superannuation fund, there are a number of considerations as to who can make a claim.

The CGT relief provisions preserve the income tax exemption for capital gains accrued, but not yet realised, by a complying superannuation fund on CGT assets held throughout the pre-commencement period (see paragraph 7 of this Guideline).

This Guideline provides guidance on the transitional CGT relief [A1] available for trustees of complying superannuation funds and pooled superannuation trusts because of the transfer balance cap and transition - to - retirement reforms commencing on 1 July 2017 (the CGT relief provisions).

The CGT relief provisions preserve the income tax exemption for capital gains accrued, but not yet realised, by complying superannuation funds and pooled superannuation trusts on CGT assets held throughout the pre commencement period (see paragraph 7 of this Guideline).

The default option for superannuation is a balanced fund.

* Retirement Standard benchmarks for the 2016 September quarter from the Association of Superannuation Funds of Australia (ASFA).

He also saw his employer paid $ 72 into a special fund for his superannuation.

Visit your super fund's website and our superannuation section for answers to your questions.

For early release of super on compassionate grounds, talk to your fund first then call the Early Release of Superannuation Benefits Branch on 1300 131 060.