News

Divorce, Superannuation and the Gender Divide

New legislation will help prevent superannuation assets from being hidden during divorce proceedings.
From 1 April 2022, the Australian Taxation Office (ATO) will be able to release details of an individual’s superannuation information to a family law court.

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Divorce, Superannuation and the Gender Divide
( Posted in: Tax )

Recruiting new employees? The 1 November superannuation rule changes

From 1 November 2021, where an employee does not identify a superannuation fund, the employer is required to contact the ATO and request details of the employee’s existing superannuation fund or ‘stapled’ fund (the fund stapled to them).

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Recruiting new employees? The 1 November superannuation rule changes
( Posted in: Tax )

Construction Industry Support – Round Four

The Victorian Government are offering support for entitled construction businesses, including employing and non-employing businesses, who were affected by the construction sector shutdown from 21 September – 4 October 2021.

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Construction Industry Support – Round Four
( Posted in: Community )

Unwinding COVID-19 Relief

 COVID-19 support will roll back as states and territories reach vaccination targets.

The National Plan, the road map out of COVID-19, does more than provide greater freedoms at 70% and 80% full vaccination rates, it withdraws the steady stream of Commonwealth financial support to individuals and business impacted by COVID-19 lockdowns and border closures. We look at the impact and the support that remains in place.

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Unwinding COVID-19 Relief
( Posted in: Community )

Did your super fund receive a compensation payment?

Is a financial services compensation payment to your superannuation fund a contribution? Of late, there have been several compensation payments made by financial services providers to customers that were inappropriately charged or overcharged for insurance premiums or services they did not receive, etc.

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Did your super fund receive a compensation payment?
( Posted in: SMSF )

What now? Unwinding the Pandemic

A business operator has the ability now to refuse entry or service to a customer as long as anti-discrimination rules are not breached. Excluding an individual by vaccination status without a public health order however will be a question of whether the rule is reasonable, necessary, and proportionate.

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What now? Unwinding the Pandemic
( Posted in: Community )

Mental Health Support for Business Owners

With COVID-19 lockdowns and disruptions to trade, the pressure can be intense for Small Business Owners. A free and confidential mental health program developed by Beyond Blue is available to give small business owners the support they need.

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Mental Health Support for Business Owners
( Posted in: Community )

Victorian Government business boost announced for the extended lockdown

While Victoria is expected to remain in lockdown until the start of October, the Victorian Government will be rolling out additional financial support for the state’s small and medium businesses as they continue to grapple with the sustained impacts of lockdown restrictions.

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Victorian Government business boost announced for the extended lockdown
( Posted in: Tax )