The budget has not uncovered any major Superannuation changes. With the call on the election date imminent, this budget has left out any changes that could be considered controversial. You will see below that minor tweaks have been preferred to further structural reform. This measure coupled...
From the 1st of July 2018, employers with 20 or more employees will be required to report payments such as salaries and wages, pay as you go (PAYG) withholding and super information in real time. Businesses with 19 or less employees will have another year...
Are you currently saving for your first home and want some tax relief? The Australian Government has created this scheme to help first home buyers save for a deposit on their first home.To qualify, you cannot have previously owned a property in Australia. In addition, you...
[vc_row][vc_column][vc_column_text]On the 9th of November 2016, the Government introduced legislation into Parliament that covers many area's of Superannuation under the auspices of fairness.The legislation is the result of amended 2016-17 budget reforms previously announced.Once passed by the Parliament, these measures will take affect for the 1st...