Daily Archives: May 13, 2021

$450 per month threshold for super guarantee eligibility removed

Post published:May 13, 2021
Post category:Learn More / Tax & Advisory

Date of effectThe first financial year after Royal Assent of the enabling legislation Expected to be 1 July 2022 Currently, employees need to earn $450 per month to be eligible…

Your SMSF: when expenses and investments are not at arm’s-length

Post published:May 13, 2021
Post category:Learn More / Tax & Advisory

We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – that is, interactions between the…

The New Lifetime Director IDs

Post published:May 13, 2021
Post category:Tax & Advisory

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.…