News, Insights & Advice
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Understanding the 2024 Changes to Superannuation Contribution Caps
As we step into the financial year starting July 1, 2024, the Australian Federal Government is enacting significant adjustments to superannuation contribution caps. These alterations
Tax cuts to help with the cost of living
The Government has announced it will deliver tax cuts to all Australian taxpayers, to provide cost-of-living relief. High-income earners will see a reduction of $4546
What happens to your super when you die – choosing a beneficiary
Many are often surprised to discover that superannuation does not constitute a part of their estate upon death, and it is not automatically governed by
How to setup your Director ID
What is a director ID? A director ID is a 15 digit identification number that, once issued, will remain with that director for life regardless
New 15% super tax to apply from 1 July 2025
In February 2023, the Government announced its intention to reduce the tax concessionsavailable to individuals with superannuation balances in excess of $3 million. Broadly, from
FBT exemption for electric cars
Until recently, the FBT consequences for providing electric cars to employees were effectively the same as any other car. However, from 1 July 2022, FBT