tim

We’re Here to Help You

At GC Accountant’s we are dedicated to helping our clients enhance and protect their financial wellbeing and achieve their lifestyle goals. We’re authorised to provide financial advice on a wide range of strategies, in addition to the tax and accounting service you currently receive from us. This includes superannuation, retirement planning and insurance. We believe …

We’re Here to Help You Read More »

Superannuation Guarantee Amnesty Introduced

The Government has introduced legislation to complement the superannuation guarantee (SG) integrity package already before Parliament by introducing a one off, twelve month amnesty for historical underpayment of SG. The Bill incentivises employers to come forward and “do the right thing by their employees” by paying any unpaid superannuation in full, as well as the …

Superannuation Guarantee Amnesty Introduced Read More »

HomeBuilder Program

Applications for the HomeBuilder program, introduced by the Government last year, closed on 14 April 2021 (and applicants have until 30 April 2023 to submit all supporting documentation, such as invoices for work done and proof that construction has started, to their State or Territory Revenue Office). HomeBuilder is expected to continue to support the …

HomeBuilder Program Read More »

Superannuation Concessional And Non-Concessional Contribution Caps To Be Indexed

From 1 July 2021, the superannuation concessional and non-concessional contribution caps will be indexed. The new caps for the 2021/22 year will be: • Concessional Cap: $27,500 • Non-Concessional Cap: $110,000 (or $330,000 over three years) The total superannuation balance limit that determines if an individual has a non-concessional contributions cap of nil will also …

Superannuation Concessional And Non-Concessional Contribution Caps To Be Indexed Read More »