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TOTAL RESULTS: 243

• Superannuation (Excess Non-concessional Contributions Tax) Amendment (DisabilityCare Australia) Bill 2013

  Track (What's this?)

  Date

  15 May 2013 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Bill | Explanatory Memorandum

• Superannuation (Excess Untaxed Roll-over Amounts Tax) Amendment (DisabilityCare Australia) Bill 2013

  Track (What's this?)

  Date

  15 May 2013 

  Chamber

  House of Representatives 

  Status

  Passed Both Houses 

  Portfolio

  Treasury 

  Bill | Explanatory Memorandum

• Superannuation (Sustaining the Superannuation Contribution Concession) Imposition Bill 2013

  Track (What's this?)

  Date

  15 May 2013 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Bill | Explanatory Memorandum

• Superannuation Legislation Amendment (Reducing Illegal Early Release and Other Measures) Bill 2012

  Track (What's this?)

  Date

  29 Nov 2012 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Summary

  Introduced with the Income Tax Rates Amendment (Unlawful Payments from Regulated Superannuation Funds) Bill 2012, the bill amends the:

  Superannuation Industry (Supervision) Act 1993

  to provide for civil and criminal penalties for persons who promote a scheme that has resulted, or is likely to result, in the illegal early release of superannuation benefits;

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  to require that superannuation benefits that are rolled over into self-managed superannuation funds (SMSFs) are captured as a designated service; and

  Superannuation Industry (Supervision) Act 1993

  and

  Taxation Administration Act 1953

  to provide for administrative directions and penalties for contraventions relating to SMSFs. 

  Bill | Explanatory Memorandum

• Superannuation Legislation Amendment (Reform of Self Managed Superannuation Funds Supervisory Levy Arrangements) Bill 2013

  Track (What's this?)

  Date

  13 Feb 2013 

  Chamber

  House of Representatives 

  Status

  Passed Both Houses 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Act 1991

  to: increase the maximum levy payable by a trustee of a self managed superannuation fund for an income year from $200 to $300, effective from the 2013-14 financial year; and make consequential amendments; and

  Superannuation (Self Managed Superannuation Funds) Taxation Act 1987

  to: provide that the levy payable for a year of income is due and payable on a day specified in the regulations; and make consequential amendments. 

  Bill | Explanatory Memorandum

• Superannuation Legislation Amendment (Service Providers and Other Governance Measures) Bill 2013

  Track (What's this?)

  Date

  29 Nov 2012 

  Chamber

  House of Representatives 

  Status

  Before Senate 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Corporations Act 2001

  to require registrable superannuation entity licensees that are also responsible entities of registered managed investment schemes to comply with requirements on adequate resources and risk management systems;

  Superannuation Industry (Supervision) Act 1993

  to: over-ride any provision in the governing rules of a registrable superannuation entity that requires the trustee to use a specified service provider, investment entity or financial product; enable the Australian Prudential Regulation Authority to issue infringement notices for a broader range of breaches of the Act; require superannuation trustees to provide eligible persons, generally on request, with the reasons for decisions made in relation to a complaint; require persons seeking to take legal action against a director for a breach of their duties to first seek leave from the court; extend the availability of certain legal defences to directors and trustees; remove restrictions on director voting; clarify the definition of ‘superannuation contribution’ to include defined benefits; and make consequential amendments;

  Superannuation (Resolution of Complaints) Act 1993

  to increase the time limits within which beneficiaries can lodge complaints with the Superannuation Complaints Tribunal regarding total and permanent disability claims;

  First Home Saver Accounts Act 2008

  to make consequential amendments; and

  Superannuation Legislation Amendment (MySuper Core Provisions) Act 2012

  to make technical amendments. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2012 Measures No. 1) Bill 2012

  Track (What's this?)

  Date

  01 Mar 2012 

  Chamber

  House of Representatives 

  Status

  Passed Both Houses 

  Portfolio

  Treasury 

  Summary

  Amends the:

  A New Tax System (Goods and Services Tax) Act 1999

  to provide: that a supply made by a health care provider to an insurer, statutory compensation scheme operator, compulsory third party scheme operator or a government entity is treated as GST-free supply; and that non-commercial activities of government related entites are not subject to GST;

  Income Tax Assessment Act 1997

  to pause the indexation of the superannuation concessional contributions cap during the 2013-14 financial year;

  Income Tax Assessment Act 1997

  ,

  Superannuation (Government Co-contribution for Low Income Earners) Act 2003

  ,

  Taxation Administration Act 1953

  and

  Taxation (Interest on Overpayments and Early Payments) Act 1983

  to allow eligible individuals the option to have excess concessional contributions taken out of their superannuation fund and assessed at their marginal tax rates;

  Taxation Administration Act 1953

  to: permit the Australian Taxation Office to disclose individual’s superannuation information to superannuation entities and their administrators for certain purposes; and provide the Commisioner of Taxation with a discretion to delay refunding an amount to a taxpayer pending integrity checks of their claim; and

  Superannuation Industry (Supervision) Act 1993

  to require employers to report, on payslips, any information prescribed in the regulations about superannuation contributions. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2013 Measures No. 1) Bill 2013

  Track (What's this?)

  Date

  13 Feb 2013 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Summary

  Amends: the

  Income Tax Assessment Act 1997

  ,

  Superannuation (Departing Australia Superannuation Payments Tax) Act 2007

  and

  Superannuation (Unclaimed Money and Lost Members) Act 1999

  to provide that income tax is generally not payable on the interest paid by the Commonwealth on unclaimed money from 1 July 2013; the

  Fringe Benefits Tax Assessment Act 1986

  to: align the airline transport fringe benefits rules with the in-house property and in-house residual fringe benefit provisions; and update the method for determining the taxable value of airline transport fringe benefits; the

  Income Tax Assessment Act 1997

  to enable participants in the Sustainable Rural Water Use and Infrastructure Program to choose to make payments they derive under the program free of income tax, with expenditure related to infrastructure improvements required under the program then being non-deductible; the

  Superannuation Industry (Supervision) Act 1993

  to prescribe requirements for acquisitions and disposals of certain assets between self managed superannuation funds and related parties; the

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  ,

  Income (Transitional Provisions) Act 1997

  and

  Taxation Administration Act 1953

  to: enable corporate tax entities to carry-back losses to previous income years; and make consequential amendments; and 18 Acts to make technical amendments. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2013 Measures No. 2) Bill 2013

  Track (What's this?)

  Date

  20 Mar 2013 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to: define ‘documentary’ in accordance with the Australian Communications and Media Authority’s guidelines; clarify that game shows are ineligible for film tax offsets; and update the list of deductible gift recipients;

  Income Tax Assessment Act 1997

  ,

  Tax Laws Amendment (2011 Measures No. 1) Act 2011

  and

  Tax Laws Amendment (2012 Measures No. 1) Act 2012

  to exempt from income tax certain ex-gratia payments made in relation to natural disasters during the 2011-12 and 2012-13 financial years;

  A New Tax System (Goods and Services Tax) Act 1999

  to enable entities who currently pay their goods and services tax by instalments to continue to do so if they move into a net refund position;

  Superannuation Industry (Supervision) Act 1993

  to require trustees to establish and implement procedures in relation to the consolidation of multiple member accounts;

  Superannuation (Government Co-contribution for Low Income Earners) Act 2003

  to reduce the amount of superannuation co-contribution available from the 2012-13 financial year;

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to consolidate dependency tax offsets into the Dependant (Invalid and Carer) Tax Offset from 1 July 2012; and

  Income Tax Assessment Act 1997

  and

  Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009

  to clarify the operation of the taxation of financial arrangements regime. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (Increased Concessional Contributions Cap and Other Measures) Bill 2013

  Track (What's this?)

  Date

  15 May 2013 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Bill | Explanatory Memorandum