What will the Australian community look like in 40 years? We look at the key takeaways from the Intergenerational Report. The 2023 Intergenerational Report (IGR) is a crystal ball insight into what we can expect Australian society to look like in 40 years and the...
Superannuation
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Changes to SMSF Reporting.
SMSF reporting changes from 1 July 2023 If you have an SMSF with a total balance of less than $1 million, from 1 July 2023 you will need to report quarterly to the ATO instead of annually. Previously, SMSFs with a balance under $1m reported annually at the same time...
Super Contributions
Super contributions: did you miss the due date? Find out what you need to do now: Super contributions: did you miss the due date? | Australian Taxation Office (ato.gov.au)
ATO summary of hiring your first worker
To ensure you meet your tax and superannuation obligations as an employer, check out this ATO summary of hiring your first worker.
SMSF COVID-19 Audit Relief Extended
The ATO has extended COVID-19 relief for SMSF trustees to cover the 2021–22 financial year. Read on for SMSF COVID-19 Audit Relief Extended!