‘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 be obligated to pay superannuation guarantee (SG) on behalf of their...
Recent proposed changes commenced from the 1st July this year, heralding in the new Financial Year. It’s a very mixed bag of alterations which some will be happy about and some may not. Check them out below in our featured article. If you need help with...
The thought of stepping away from your business for an extended period can be daunting, but it is important to make sure that you are prepared. Your systems should cope well enough in case something happens unexpectedly – whether this means sudden accidents or...
The Morrison Government’s 2022 Federal Budget was handed down on 29 March 2022 by Treasurer, Josh Freydenberg. Unemployment is down at its lowest in almost 50 years however inflation is on the rise due to factors such as the Pandemic and the war on the Ukraine,...
If you are recruiting new employees you need to know about some changes. When a business hires a new employee, the Choice of Fund form is used to identify where the employee wants their superannuation to be directed. If the employee does not identify a fund, generally...
If you worked from home during lockdown and spent money on work related items that were not reimbursed by your employer, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed. If you are claiming your...