Superannuation/SMSF

SMSFs continue to be the most popular type of fund in terms of satisfaction with financial performance, according to the latest findings from Roy Morgan Research.

Capital, it’s a key factors that can determine whether or not a small business survives another day. With this firmly in mind, Charlotte Petris and her co-founder-husband launched a business that brings SMEs together with an all-important business element: the investor.

The Australian Taxation Office is ramping up its response to rogue phoenix operators who exploit seasonal workers, and pocket their superannuation entitlements.

SuperRatings, the Australian super research firm, have found Telstra Super to be Australia’s best super fund for members in the Accumulation phase.

The Australian Taxation Office (ATO) is today reminding employers of the new super guarantee rate, ahead of the first quarterly superannuation payment.

The Australian Taxation Office is reminding employers to begin embracing SuperStream, the Government’s new method of transacting linked data and payments for superannuation.

More Australian small business owners are opting to take on self-managed super funds.

The ATO has sought to simplify information available to small businesses, developing an online “newsroom” to inform business owners about their tax and super obligations.

The ATO is urging all employers to ensure they have implemented the Superannuation Guarantee (SG) rate rise which increased to 9.5 per cent on 1 July 2014.

A new system will soon remove the complexities for business owners when they make employee superannuation contributions.

From 1 July 2014, businesses with 20 or more employees will be able to use the new Superannuation Data & Payment Standard when making super contributions.

Just one in four Australians feel they have enough super to be financially secure in the future.

The Rudd government has today announced that it will make no major changes to superannuation tax policy for a period of five-years – if they’re re-elected to government.

Real Estate property investment through SMSF loans is no doubt the most tax-savvy and smartest way to improve the total return on investment of a superfund.

In the last of our three-part series covering the upcoming superannuation legislation changes, we cover the new MySuper default fund and the new director’s responsibilities.

This is the second instalment of a three-part series about upcoming changes to superannuation.

As a business owner, you are probably aware that there are some changes planned to superannuation and the minimum requirements paid to employees. However, do you know exactly what they are, and how they will affect your business?

The Federal Treasurer has released the Mid-Year Economic and Fiscal Outlook (MYEFO) for 2012-2013, and it won’t come as any great surprise to SME owners that the economy, whilst not going backwards, is certainly not moving forwards as swiftly as the Treasurer would like. Here’s how the MYEFO announcement will impact small businesses over the foreseeable future.

Most people know something about self managed super funds (SMSFs), the do-it-yourself version of compulsory superannuation. But for many people, the many benefits of SMSFs – as well as the potential costs – are unknown.

They say there aren’t too many benefits of ageing, but a scheme called the Transition to Retirement Pension allows for bit of nifty restructuring that can reduce wages and increase cashflow – two benefits not to be sniffed at.