Most of the country is opening up right in time for the festive season, but this extra rush of patrons may mean that you need some extra help to get you through. So when you do extra hiring during the festive period, it’s important to work out if you’ll need to pay superannuation for them
Superannuation… It’s something that really isn’t at the forefront of a new parent’s mind. Especially when they are knee deep in sleep routines, nappies and feeding. But one glaringly obvious statistic that is perpetuating in this demographic is that whilst on parental leave, they are missing out on significant amounts of superannuation. So maybe it should be at the forefront of their minds?
SMSF trustees rejoice ! Due to the ongoing economic impacts of Covid-19, the ATO has announced the extension of various Covid-19 relief measures for you. The relief, previously only available for the 2020 and 2021 financial years, will now also be available for the 2022 financial year.
SuperStream is the way all employers must pay superannuation guarantee contributions to super funds. If you are yet to become SuperStream compliant, you are ultimately creating unnecessary work for yourself and may receive financial penalties.
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