Super
What Makes or Breaks the Christmas Season for Businesses?
What’s the secret to a successful Christmas season for businesses? While the cost of living has eased slightly over the past year, consumers are still feeling the pinch. For businesses, […]
Read MorePayday super: the details
‘Payday super’ will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers. From 1 July 2026, employers will […]
Read MoreWarning on SMSF Asset Valuations
The ATO has issued a warning to trustees of SMSFs about sloppy valuation practices. ATO data analysis has revealed that over 16,500 self managed superannuation funds (SMSFs) have reported assets […]
Read MoreHow To Take Advantage Of The 1 July Super Cap Increase
Starting on 1 July 2024, there will be an opportunity to enhance your superannuation contributions. Let’s explore how you can benefit from this upcoming change. Come 1 July 2024, the […]
Read MoreCan my SMSF invest in property development?
The Australian passion for property, combined with enticing tax benefits such as a 15% tax rate during the accumulation phase and possibly zero tax during retirement, motivates many SMSF trustees […]
Read MoreSuper Guarantee Shortfall: Workers Owed $3.6 Billion
The latest estimates from the Australian Taxation Office reveal that workers are owed a staggering $3.6 billion in superannuation guarantees—a figure that both the government and regulators are keen on […]
Read MoreSuper guarantee opt-out for employees with multiple employers
Employees with multiple employers can now opt-out of superannuation guarantee from all but one employer. Employers are required to pay 9.5% superannuation guarantee for all eligible employees. But what happens […]
Read MoreThe Super Guarantee timing trap for employers
How employers are being caught out by the timing of superannuation guarantee payments. Employers can generally only claim a deduction for superannuation contributions in the income year in which the […]
Read MoreCalculating Super Guarantee: The New Rules
From 1 July 2020, new rules will come into effect to ensure that an employee’s salary sacrifice contributions cannot be used to reduce the amount of superannuation guarantee (SG) paid […]
Read MoreImportant Changes to Super Insurance and Exit Fees
As a result of new laws, (1 July 2019) you will longer see superannuation providers diminishing member balances with untoward or unnecessary insurance and exit fees. Plus, accounts that are […]
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