Notre blog

If you have new employees who start from 1 November 2021 and they don’t choose a super fund, you’ll have an extra step to take. You may now need to request their ‘stapled super fund’ details from ATO. A stapled...

Be aware what your concessional contributions cap is before each 30th June. If you go over the cap ($ 27,500), you may have to pay extra tax. Check when your employer pays the contributions and when they were received by...

From 1 July 2021, the general concessional contributions cap is $27,500 for all individuals regardless of age. It includes: compulsory superannuation guarantee contribution any additional concessional contributions your employer makes any salary sacrifice payments made to your super fund When...

Australians or Permanent residents: do not forget to include your foreign income! If you are an Australian or a permanent resident for tax purpose, you are taxed on your worldwide income. This means you must declare all your foreign income...