Latest News Archives - Page 23 of 76 - Virtue & Partners

ATO warns of rise in SMSF identity fraud and investment scams

The ATO has warned SMSF members to be aware of identity fraud and investment scams.
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Banks launch scam awareness campaign

The new campaign highlights the importance of customer alertness against criminal activity by scammers.
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Unintended consequences of work test changes to be rectified

New draft legislation to the work test mean impacted individuals will retain their ability to claim deductions for personal contributions post 30 June 2022, says a leading adviser.
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Preparing for EOFY tax scams with business and cyber resilience

Every end of financial year (EOFY) season involves a rush by Australians wanting to get their tax returns completed. Increasingly, though, this period is seen as an opportunity for bad people to take advantage of us.
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Legal Considerations Around Recording Customers Who Enter My Business

As a business, you may consider installing video surveillance on your premises to discourage theft or ensure the safety of your customers and personnel. However, your business may suffer significant legal implications if you do not adhere to legal requirements around filming or recording customers that enter your store.
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2023 Federal Budget: Stronger foundations for a better future

‘Seeing our people through the hard times – and setting our country up for a better future’ “While Australia may have a lot coming at us – we have a lot going for us too” – Dr Jim Chalmers, 2023-2024 Federal Budget Speech.
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Overview of the Federal Budget 2023 – 24

The following are all the links to the federal government's description of its 2023 Budget. At the bottom are the Budget Documents for those that love to get into the fine detail of a Budget.
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Bank closures, market volatility call for perspective

Amid sudden bank closures, we explain our risk management approach and remind investors to focus on what they can control.
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Weighing up cash deposits

Cash in a deposit account doesn't necessarily equate to safety. That's why many investors are shifting to fixed interest securities.
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How Long Could You Survive Drinking Only ………

Here's how long you'd live consuming only this liquid, and nothing else.
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More SMSF members accessing funds without meeting conditions: ATO

The ATO said it is seeing a rise in behaviours which indicate SMSF members may be accessing their funds before meeting the conditions of release.
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More women take up SMSF as others look for advice

A new report from AUSIEX shows that in 2022, new SMSF trading accounts were relying more on advice, were increasingly female and favoured a distinct mix of asset classes, securities and sectors.
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