A reminder that the Super Guarantee payment is due by 28th January 2020. To ensure funds are cleared into the super funds, it is best to pay this by 21st January 2020.
Super legislation changed on 2nd October 2019 whereby super funds with low balances i.e. below $6,000 are to be protected from insurance premiums eroding the fund balance. Trustees of funds are required to write to fund members requesting whether
This is probably one of the most common areas of taxation, superannuation and employment law that is handled incorrectly by contractors/employers. There are quite specific rules whereby a contractor is considered an employee for superannuation
This article appeared in our April 2018 newsletter. Written by Patricia Glenn The Tax Office Superannuation Clearing House has made its move to Tax Office Online Services. It was not a smooth transition as there was a problem with processing of