We’ve always been told that consolidating our super is one of the easiest ways to grow our retirement funds. By reducing the amount of insurance, account-keeping, and investment fees paid […]
As a part of the second round of COVID-19 stimulus, the government allowed individuals in financial distress to access a tax-free payment of up to $20,000 from their superannuation. While […]
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The concept of super guarantee should be a very familiar to everyone, particularly anyone who is an employee, as it makes up the […]
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] With the transition to Single Touch Payroll almost complete for all employers within Australia, the ATO now has considerably more information to identify […]
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] It’s coming up to the end of another year, among all the chaotic festivities, our thoughts may turn to goals and resolutions achieved […]
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] To be eligible for superannuation fund tax concessions, SMSFs are required to be maintained for the sole purpose of providing retirement benefits to […]
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Under the superannuation guarantee framework, employers are required to contribute a minimum percentage (currently 9.5%) of their employee’s ordinary time earnings into superannuation. […]
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Insurance within superannuation has always been a mixed blessing, good for some who enjoy having cheaper insurance, while others see as an erosion […]
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The government is getting tough on employers’ unpaid compulsory super guarantee (SG) contributions that may be affecting more than 2.8 million workers. Fortunately […]
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Have you heard about the salary sacrificing loopholes that can adversely affect your retirement savings plans? Under current laws, employees who sacrifice some […]