Outside of tax and compliance, the 2013 Federal Election also saw changes in superannuation that would impact SME owners in a significant way. Most notably, the introduction of SuperStream, which is..
TAX ON PENSION EARNINGS ABOVE $100,000
On 1 July 2011, the Government commenced the implementation of the ATO administered SuperStream, a package of measures designed to enhance the 'back office' of superannuation using:
It’s that time of the year again, and as an employer you need to be aware of the impending changes to HR & Payroll.
After releasing most of the big changes in the last few weeks, including proposed reforms to superannuation and increases to the Medicare Levy, the Government didn’t have much left to announce in the..
Over the last three weeks there has been significant media commentary about mooted changes to the superannuation system.
With Royal Assent given on 4 December 2012 to the Fair Work Amendment Act 2012 , there are a number of important changes that have been introduced from 1 January 2013:
The purpose of the Government's “Stronger Super” reforms is to make the Australian superannuation system stronger and more efficient, and to help maximise retirement income for members. Legislation..
Superannuation guarantee increase confirmed from 1 July 2013
The Australian Government has released its responses to the recommendations by the Cooper Super System Review on 16 December 2010. Of the 177 recommendations submitted by the Cooper Review, 139 were..
