#Superannuation Guarantee
Majority of businesses supported SG increase
Surprise survey results from one of Australia’s largest superannuation funds has found that the majority of businesses supported the increase to the Superannuation Guarantee (SG) rate, including 14 per cent who strongly supported the rise.
Mining tax repeal delays workers’ super increase
Workers will miss out on an increase in their super payments under a new deal finalised between the government and the Palmer United Party to axe the mining tax. Small businesses are also set to lose out on key measures including the loss carry-back provisions and reduction in the instant asset write-off, both of which […]
Working until 70 a burden for most, issue ripe for research
As the government prepares to increase the Age Pension to 70 by 2035, academics have expressed concerns about the attitudinal and financial barriers rife in the jobs market.
New super guarantee rate now applies
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.
Superannuation payment tools for business
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.
Govt’s Super Clearing House marks $1bn
The federal government’s Super Clearing House has marked a $1 billion milestone making payments on behalf of small business.
SMBs to take the hit from SG levy increase
The financial burden will fall on small business owners when the first of seven annual increases to the Superannuation Guarantee (SG) levy comes into force in 1 July, 2013.
Super reforms for SMBs
The Australian Taxation Office has urged small businesses to be aware of changes to their superannuation obligations, with reforms set to launch on 1 July.
Six hot tips to super size your superannuation
Did you know that if you don’t manage your superannuation properly now, you could end up living below the poverty line later in life?
Support for 12% Superannuation Guarantee ‘almost universal’
The Federal Government’s proposed increase in the Superannuation Guarantee from 9 to 12 percent has ‘almost universal support’ from Australians a poll commissioned by ASFA concludes.