Tag Archives: superannuation
Our colleagues at Greenwoods + Herbert Smith Freehills have published an excellent update on Employment Taxes. Click here to discover more.
On 14 September 2017, the Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 2) Bill 2017 (Cth) was introduced in the House of Representatives. The Bill contains two amendments which will significantly impact employers: amendments regarding … Continue reading
The Government has announced a further package of superannuation reforms to address concerns that employers may not be complying with their superannuation guarantee (SG) obligations. The proposed reforms: suggest that the ATO will be granted additional powers to ensure that … Continue reading
The Senate Economics References Committee has released its report 'Superbad – Wage theft and non-compliance of the Superannuation Guarantee' following concerns raised by Industry Super Australia about considerable underpayment of mandated Superannuation Guarantee contributions.
Employers may need to review their salary sacrifice policies as from 1 July 2017 due to changes to the superannuation rules. The most significant change is that, from 1 July 2017, employees will be able to make personal superannuation contributions … Continue reading