Jul 1, 2021 | retirement, Small Business, Superannuation
Super guarantee rate increase to 10% On 1 July 2021, the Superannuation Guarantee (SG) rate will rise from 9.5% to 10% – the first rise since 2014. It will then steadily increase each year until it reaches 12% on 1 July 2025. The 0.5% increase does not mean that...
Jun 29, 2021 | Small Business
Article courtesy of ABC News published at 3.30pm 29 June 2021. Small businesses in New South Wales impacted by the latest lockdown will be given a funding lifeline by the state government, the Premier and Treasurer announced today. The package includes...
Jun 24, 2021 | Directorships
Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s business registers. ASIC does not currently verify the identity of directors and Elvis Presley and Bob...
Jun 1, 2021 | Superannuation, Taxation
The end of the 2020/21 financial year is fast approaching and with company tax rates for eligible small businesses to reduce from 26% to 25% there is an additional incentive to undertake some tax planning before it is too late. With eleven months of the financial year...
