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A major change to Australia’s superannuation system is coming into effect on 1 July 2026, when “Payday Super” rules begin. Under the new legislation, employers will be required to pay their employees’ superannuation guarantee at the same time as wages, rather than...
With Payday Super coming into effect and major changes on the horizon, small businesses need to prepare now. One of the biggest updates is the permanent closure of the Small Business Superannuation Clearing House (SBSCH) on 1 July 2026. If your business currently uses...
'Payday super' will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers. From 1 July 2026, employers will be obligated to pay superannuation guarantee (SG) on behalf of their...
Breaking up is hard to do. Beyond the emotional and financial turmoil divorce creates, there are a number of issues that need to be resolved. What happens when there is a family company? For couples that have assets tied up in a company, the tax...
From 1 July 2024, the amount you can contribute to super will increase. We show you how to take advantage of the change. The amount you can contribute to superannuation will increase on 1 July 2024 from $27,500 to $30,000 for concessional super contributions and from...