28 paragraphs found in INT 1019
The Superannuation Contributions Surcharge (the surcharge) was introduced in the 1996 Federal Budget. The legislation is contained principally in the Superannuation Contributions Tax (Assessment and Collection) Act 1997 and the related Regulations. It …
The obligation in respect of the superannuation contributions surcharge gives rise to a liability and an expense of a superannuation …
This Interpretation applies to superannuation plans when Accounting Standard AASB 137 Provisions, Contingent Liabilities and Contingent Assets …
The object of the Superannuation Contributions Tax (Assessment and Collection) Act 1997 and the related Regulations (the legislation) is to provide for the assessment and collection of the superannuation contributions surcharge payable on surchargeable …
This Interpretation requires certain disclosures to be made in respect of the superannuation contributions surcharge. These disclosures will enhance the usefulness and comparability of the financial statements. They are useful input to an assessment of …
The Urgent Issues Group discussed Issues Paper 04/3 “Revision of Various UIG Abstracts for 2005” in relation to this Interpretation at its meeting on 22 July 2004. In developing the superseded Abstract, the UIG discussed Issue Summary 98/1 “The …
• International Accounting Standard IAS 37 Provisions, Contingent Liabilities and Contingent Compilation detailsUIG Interpretation(as amended) Compilation details are not part of Interpretation. This compiled Interpretation applies to annual reporting …
Pronouncement Month/date issued Effective date(annual periods … on or after …) Application, saving or transitional provisions Interpretation Sep 2004 (beginning) 1 Jan 2005 see (a) below AASB 2007-8 24 Sep 2007 (beginning) 1 Jan 2009 see (b) below AASB …
Paragraph affected How affected By … [paragraph/page] 2 amended AASB 2007-8 [6] 10 amended amended AASB 2007-8 [6] AASB 2007-10 [114] 14 amended deleted AASB 2007-8 [8] AASB 2013-9B [37, 38] 18 amended amended AASB 2013-9A [22] AASB 2019-1 [page 35] 21 …
The surcharge is calculated by the Australian Taxation Office and advised to the superannuation provider via an assessment. Assessments are made in respect of each year ending 30 June, based on members’ surchargeable contributions and adjusted taxable …