by admin | Apr 8, 2025 | Did You Know, News
The superannuation guarantee rules are broad and, in some circumstances, extend beyond the definition of common law employees to some directors, contractors, entertainers, sports persons and other workers. Employers need to pay compulsory superannuation guarantee (SG)...
by admin | Apr 7, 2025 | Did You Know, News
In the 2025-26 Federal Budget, the Government announced its intention to ban non-compete clauses for low and middle-income employees and consult on the use of non-compete clauses for those on high incomes (under the Fair Work Act the high income threshold is...
by admin | Mar 26, 2025 | Did You Know, News
The 2025–26 Federal Budget includes a range of measures impacting individuals, families, businesses, and the broader economy. From modest tax cuts and energy rebates to expanded compliance programs and support for healthcare and housing. To help you understand what...
by admin | Mar 19, 2025 | Did You Know, News
The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT Exemption for Electric Cars Employers that provide employees with the use of eligible electric vehicles (EVs) can potentially qualify for an FBT...
by admin | Feb 25, 2025 | Did You Know, News
The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025. The transfer balance cap – the amount that can be transferred to a tax-free retirement account – is indexed to the Consumer Price Index (CPI)...
by admin | Feb 25, 2025 | Did You Know, News
The Government has announced its intention to introduce mandatory standards for large superannuation funds to, amongst other things, deliver timely and compassionate handling of death benefits. Do we have a problem with paying out super when a member dies? The value...
