Superannuation

Latest

Superannuation disclosure pushed back until next year

5:34PM | Tuesday, 6 May 2014 |  AVCAL supports the federal government’s decision to extend the consultation period for proposed changes to super fund rules that, if implemented, could have a negative impact on startups.

THE NEWS WRAP: Quarterly mergers and acquisitions activity hits eight-year low

4:16AM | Tuesday, 2 April 2013 |  Australian merger and acquisition activity has reached its lowest level in eight years, according to data collected by Bloomberg.

Business owners in the dark over upcoming regulatory changes: Survey

5:22PM | Tuesday, 8 May 2012 |  Small business owners have a worryingly poor knowledge of a number of regulatory changes set to start in the new financial year, such as amendments to superannuation and the tax-free threshold, according to new research.

Business groups up in arms over super levy rise

11:17PM | Friday, 25 November 2011 |  A leading business group says it’s appalled by the Federal Government’s lack of consultation on lifting compulsory superannuation by 3% from 2013-14, claiming the increase will cost jobs.

New super scheme tipped to slash SME red tape

11:29PM | Thursday, 3 November 2011 |  The Federal Government says a new superannuation scheme will be simpler and cheaper to use, potentially easing the burden of red tape faced by small business owners.

SMEs fearful of super contributions hike: report

7:47PM | Friday, 1 July 2011 |  Survey reveals widespread confusion is accompanying impending super contribution changes.

ATO compliance program to scrutinise small businesses

6:50PM | Thursday, 30 June 2011 |  A crackdown on the cash economy, sham contracting and super contributions herald the new financial year.

ATO delivers blow to Coalition’s super plans

6:47PM | Tuesday, 7 June 2011 |  The ATO has dealt a blow to the Coalition, claiming its plan to cut small business expenses would cost taxpayers more than $250 million over four years.

Coalition’s super pledge gets mixed reviews

6:11PM | Friday, 3 June 2011 |  The Federal Coalition has pledged to remove the “unpaid tax collector” status of small firms if it achieves government, in a move that has been welcomed by small business groups but dismissed by Labor.

Federal Budget 2011: Penalties for excess superannuation contributions wound back

5:01PM | Tuesday, 10 May 2011 |  The Government has acted on howls of protests from the accounting and financial planning professions by relaxing penalties on excess superannuation contributions for first-time and inadvertent breaches.
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