Early Release of Super
If you have been financially affected by COVID-19, you may be able to access some of your superannuation early.
Eligible citizens and permanent residents of Australia or New Zealand can apply for up to $10,000 in 2019–20 and up to a further $10,000 in 2020–21.
Superannuation Guarantee Amnesty
The government introduced a superannuation guarantee amnesty. The amnesty allows employers to disclose and pay previously unpaid super guarantee charge without penalties
SINGLE TOUCH PAYROLL
“Single Touch Payroll is a game-changer for both employers and the ATO. This will allow employers to be able to meet their reporting obligations to us using their own payroll or accounting software” – Assistant Commissioner, John Shepherd
SUPERANNUATION STRATEGIES
Do you know you have options to make your superannuation work harder for you?
WHAT’S SMSF AND HOW IT CAN HELP YOU?
With 600,000 self-managed super funds (SMSF) controlling $700 billion in assets, according to the latest statistics released by the Australian Prudential Regulation Authority (APRA), it remains the market-leading super sector. It raises the question as to what makes SMSF such a popular choice.