Information session for business owners interested in buying their own business premises using their savings in Super. Join me and other like-minded business people for breakfast at our weekly meeting. During my 10 minute presentation I will highlight ways you can use Super to buy your own business premises and touch on the pro’s and […]
Buy Your Own Business Premises With Your Super Read More »
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 »
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 »
Do you use the Small Business Superannuation Clearing House (SBSCH)? If you intend to claim a tax deduction for super payments you make for employees in the 2020-21 income year, those payments must be accepted by the SBSCH on or before 23 June 2021. This allows processing time for the payments to be received by
Want to Claim a Tax Deduction on Super Payments? Read More »
