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Only one-third of Australians believe they would be able to save for their retirement without compulsory superannuation, an AustralianSuper study has revealed.
The superannuation and payroll compliance software provider has launched an AI-powered compliance tool, which streamlines detection of superannuation anomalies and liabilities, and management of late payments. ...
Practitioners have been reminded about the increase in contribution caps as well as other changes impacting employers.
The finding that superannuation entitlements extend only to natural persons and not partnerships accords with submissions made by the Tax Commissioner.
The notice of intent to claim deduction rules must be simplified to reduce the rate of failure, the association says.
A lack of enforceability means the objective of super legislation will fail to achieve “any real purpose”, says the Institute of Finance Professionals Australia.
The government has introduced a bill to enshrine the right to superannuation payments in the National Employment Standards.
In the finance industry, superannuation specialists have been slow to go digital, but the payoff is worth the effort.
The Tax Institute’s Senior Advocate, Robyn Jacobson, outlined her insights on some of the key measures announced at this year’s Federal Budget at the recent Pro Power Hour, including: Personal income tax cuts ...
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