by Luke Quinnell The ATO highlights that they “take a firm approach on the non-payment of super”, and this applies even if you are the only employee of your business! Here’s how to stay out of the ATO’s crosshairs. We have noticed a substantial increase in ATO compliance action around superannuation guarantee payments. With the […]
READ MOREOur Director of Finance Broking, Jye Smith, was recently invited onto the Australian Property Show with Tom Haigh. In this two-part episode, Jye discusses: The strategy investors are turning to help pay off their mortgage 10-15 years early How to borrow money to buy investment property in a self-managed super fund (SMSF) The best options […]
READ MOREAs a financial adviser, part of my job is to help my clients plan for their future, and that includes planning for what happens to their Superannuation when they pass away. Let’s investigate this intriguing topic. Cracking the Superannuation Code First things first, your superannuation isn’t automatically included in your Will unless you have given […]
READ MOREAs an advisor specialising in personal injury compensation payments management, I have seen firsthand the significant financial impact a settlement can have on a person’s life. One of the key considerations is how to best manage, preserve and optimise the settlement proceeds to ensure they can provide for and meet the claimant’s needs now and […]
READ MOREThe Australian Taxation Office (ATO) is using its Single Touch Payroll (STP) reporting system to enhance its monitoring, identification, and auditing of employers who are failing to pay their employees’ superannuation contributions. STP is an electronic reporting system that allows employers to report salary and wage information, payroll tax, and superannuation contributions to the ATO. […]
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