Unlike the first wave of COVID-19 where the Federal government provided most of the financial help for businesses, with the new Delta variant and its associated lockdowns, the bulk of business support is now being provided through individual States.
Read MoreIndividuals earning more than $250,000 may be subject to Div 293 tax on their concessional super contributions, this is an additional 15% tax.
Read MoreWhen it comes to retirement, many of us may receive retirement income from various sources. For example, investments (inside and outside super) and social security entitlements, such as the Age Pension.
Read MoreFrom 1 July 2021, a whole raft of superannuation changes as a part of the government’s more flexible superannuation changes has come into effect.
Read MoreFrom 1 January 2022, most employers will be required to send additional information such as commencement date of employment
Read MoreA new financial year can be an opportune time to make sure you are on track to achieve your financial goals and objectives.
Read MoreDepending on the length of the lockdown, businesses may be eligible to receive a co-funded small and medium business support payment, as well as various cash grants.
Read MoreIt’s tax time again and if your business is experiencing financial difficulties due to the latest lockdowns, the ATO may be able to help by processing your tax return faster.
Read MoreWith the advent of a new financial year, there is an important change from 1 July 2021 that employers should be aware of. The rate of super guarantee you’re required to pay your employees has increased from 9.5% to 10%. This is the minimum percentage now required by law but you may pay super at a higher rate under an award or agreement.
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