Following the passage of the Treasury Laws Amendment (2018 superannuation Measures No.1) Act 2019, from 1 January 2020, eligible individuals with multiple employers can apply to opt out of receiving super guarantee (‘SG’) from some of their employers, to help [...]
Federal Budget Highlights 2018-19 A budget to strengthen the economy, create jobs and cut taxes was the promise of this year’s Federal Budget. We have put together some of the tax and superannuation Federal Budget highlights, that may be of [...]
Downsizer Superannuation Contributions Recent changes to superannuation rules provide an opportunity for over 65’s to contribute sale proceeds from their main residence into superannuation, up to a maximum $300,000 per person. The key benefit of this is the ability to [...]
Changes to the Age Pension rules – will you be affected? From 1 January 2017 Government changes to the Age Pension are likely to reduce pensioner entitlements. It’s important that you understand how the changes could affect you. Increase in [...]
Don't Panic - Tax Treatment Of Your Super Could Change - Transition to Retirement What is it? People who have reached their preservation age and are still working are able to access their superannuation and start a transition to retirement [...]
Is Superannuation sacred? Apparently not, the ATO can take it! We came a cross a recent article regarding topic of whether the ATO could get their hands on your superannuation in the event you owed them money. Here's what we [...]
SuperStream is Coming - You'd Better Get Ready October 31 is the deadline for all employers with 20 or more employees to implement the new SuperStream electronic payment method for all superannuation obligations. Employers with 19 or fewer employees have until June 30, [...]
