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18 Oct 14 - Financial Services Tax Services News

Propel Financial Services backs deeper cuts to closing costs on tax lien ...
AUSTIN, Texas, Oct. 17, 2014 /PRNewswire/ -- Propel Financial Services President and CEO Jack Nelson said today, in conjunction with a public meeting in Austin, that state regulators' proposed reductions in closing costs for third-party property tax ...

Committed to providing the highest quality financial and tax service for ...
We offer a wide range of financial services for individuals and businesses, including financial statements, accounting services, bookkeeping, cash flow and budgeting analysis, tax planning and preparation, tax services, estate and trust tax preparation ...

Tax talkfest costs public a pretty penny
Tender documents show that a professional photographic service has been hired at a cost of $20,000 - or $100 per attendee - to take pictures at the conference.

'Strange' neglect of finance in growth strategy
Corporate adviser Mark Johnson, who wrote a landmark report in 2009 calling for adjustments to Australia's regulatory and taxation framework to ensure the financial services industry could compete in Asia, said: “It does seem strange to omit the ...

Unions hail delay in pension tax reform
But the separation between qualifying and nonqualifying service providers and products would be made "more definitive".

Government senator says corporate tax avoidance threatens services
... the repatriation of profits overseas is "the greatest financial challenge" facing Australia. Liberal Senator Bill Heffernan, a confidant of Prime Minister Tony Abbott, said the government must secure the tax revenue base before spending on ...

Propel Financial Services Urges 75% Lower Closing Cost Limits on Tax Lien ...
AUSTIN, Texas, Sept. 17, 2014 /PRNewswire/ -- Propel Financial Services President and CEO Jack Nelson has told regulators in Austin that the state should modify existing rules to make it easier and even more affordable for Texans to pay their ...

Don't laugh Australia, you're paying for it
Public Service Minister Eric Abetz says reforms to Commonwealth workers' compensation schemes are in the pipeline, with "payouts for psychological injuries, compensation for life, and taxpayer-funded access to dubious therapies" in the Abbott ... $1.2 ...

Financial Services And The 2015 Changes To The VAT Rules
With effect from 1 January 2015, the VAT rules for B2C supplies of electronic services will change. The place of taxation of such services, when supplied to non-business customers within the EU, will shift from the country where the supplier of the ...

KPMG's Oracle collaboration brings finance and tax services to the cloud
KPMG has announced a collaboration with Oracle to provide clients with cloud-based financial processing, analytics and reporting tools via the Oracle Cloud.

Charter Hall reaps tax benefit at Moonee Ponds Junction
Silver and Hirsch founded service station giant United Petroleum. The four-property ... Josh Rutman, Ed Wright and Mark Wizel are representing Financial Fook, which bought the asset under the company name Starryland Melbourne. It is expected to sell ...

Marital payouts may be hit by tax change
... are acting as trustee and money is paid out of the trust. The implications for separating couples who run small businesses or have assets held by companies or trusts are “huge”, says financial planner Suzanne Haddan, MD of BFG Financial Services.

Service tax on remittances to India
Abu Dhabi: Non-Resident Indians (NRIs) will have to pay slightly more to remit money to India as the government of India has imposed a service tax on “fees or commission” levied by banks and financial institutions for facilitating remittances from abroad.

Morgan Stanley income nearly doubles
Morgan Stanley had a large increase in pre-tax income for its institutional securities business, which includes its prime brokerage, trading and investment banking divisions.

Virgin seizes Tigerair Australia by the tail
The surprise move to make Tigerair a wholly owned subsidiary came as the airline posted a $59.1 million first-quarter net loss but saw an 18.3 per cent improvement in its underlying pre-tax loss of $45m. It also announced it had met ... Virgin will ...

Does Invocare Limited deserve a place in your portfolio?
In the four years prior, from 2009 to 2013, Invocare's after-tax profit increased by 72% from $30.6 million to $42.5 million.

Treasury to list tax-free savings products
Cecil Morden, the chief director of economic tax analysis at the Treasury, says the Financial Services Board will regulate these products and providers.

'No lost decade under GMA'
... create a stable regulatory environment which honors contracts with investors; address inconsistencies between increased tax collection and distortionary tax regime; and improve access to basic financial services such as credit, savings, payment of ...

H&R Block to Help Promote Consumer Financial Savings at Tax Time
KANSAS CITY, MO--(Marketwired - October 02, 2014) - H&R Block, Inc. ( NYSE : HRB), the world's largest consumer tax services provider, announced today it is launching a new program to encourage consumer savings at tax time. This program also will help ...

New rules for employee share schemes: a guide for start-ups
Dominic Woolrych says start-ups eligible for tax concessions should wait until July next year before setting up an employee share option scheme.

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