Workers owed $3.6bn in super guarantee
Uncover the ATO's approach to tackling the $3.6 billion superannuation gap. Key insights on STP data matching, SGC, and employer…
Ken Burk Archive
30% tax on super earnings above $3m
Proposed Superannuation Tax Changes: Draft legislation increases tax rate on above $3m super balances. Those impacted should assess their personal…
Salary sacrifice reporting and activity statements
Mastering Salary Sacrifice Reporting. Discover the ins and outs of STP Phase 2's impact on reporting employee year-to-date amounts. Stay…
The shape of Australia’s future
What will the Australian community look like in 40 years? We look at the key takeaways from the Intergenerational Report.
- Tax ·
Why is my tax refund so small?
Australia's tax refunds have reduced due to policy changes, impacting millions. This article explores the nation's high reliance on personal…
Personal services income and your tax
Learn about the impact of Personal Services Income (PSI) on your tax return and deductions. Find out how to determine…
- Tax ·
What changed on 1 July 2023
On July 1, 2023, notable changes included an increase in the Superannuation guarantee, higher minimum wages, updated work restrictions for…
How to get your STP Phase 2 reporting right
Most employers have now moved over to Single Touch Payroll (STP) Phase 2 reporting. In fact, over 730,000 employers have…
- Tax ·
How you can help employees with a study loan
Don’t let rising indexation on study and training loans catch you or your employees unaware. Earn that ‘World’s greatest boss’…
Right to super to be enshrined in National Employment Standards
The Government has announced that it will enshrine a right to superannuation payments in the National Employment Standards (NES).
Selling a business? The pros and cons of earn-out clauses
Earn-out clauses for the sale of a business are increasingly common. We look at the positives and negatives that every…
It’s 2023 fringe benefits tax (FBT) time!
If you’ve provided fringe benefits to your employees or their associates between 1 April 2022 and 31 March 2023, it’s…
