Super

24 May, 2020

Risks Involved In Consolidating Super

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 […]
22 April, 2020

Early Release Of Super: Coronavirus Condition

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 […]
12 February, 2020

Super Guarantee Loophole Closed

[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 […]
30 January, 2020

Remission Of Additional Super Guarantee Charge Penalty

[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 […]
3 January, 2020

No Cost Strategies To Increase Your Super

[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 […]
18 December, 2019

SMSF Sole Purpose Test And Fractional Investments

[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 […]
11 December, 2019

Super Guarantee Opt-Out For High Income Earners

[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. […]
11 November, 2019

Beware Of Insurance Changes In 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 […]
30 October, 2019

Unpaid Super: Important Amnesty Update For Employers

[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 […]
22 September, 2019

Salary Sacrificing Loopholes: Are You Receiving Your Full Benefits?

[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 […]