Draft super objective to ‘protect super from interference’

Superannuation bodies have welcomed the government’s draft objective for superannuation, stating it will provide equity in the system and help protect preservation.

Contribution caps to stay the same for 2023–24 year

Concessional and non-concessional contribution caps are set to stay at $27,500 and $110,000 following the release of the AWOTE figure.

Comparison: How Long It Takes To Decompose?

Check out how long everyday items take to decompose.

An ongoing debate every employer needs to be on top of.

How to work it out: employee or contractor To check if your worker is an employee or contractor, you need to review the whole working arrangement.  Read on ....  

ATO plans publicity campaign for final Work From Home guidance

  More demanding record-keeping requirements in the November draft have been in place since 1 January.  

Auditor flags knowledge gaps with loans and financial assistance amongst SMSFs.

  Loans to members and financial assistance continues to be the most commonly reported type of contravention based on ATO statistics.  

ATO issues fresh warning on illegal early access schemes

With illegal early access schemes on the rise, the Tax Office has issued a fact sheet warning super members about the promoters of these schemes.

Why superannuation fund fees matter

The fees you pay on your super could have a material impact on how you retire, which is why it's important to understand how they work.

When to be proactive about your portfolio

The mid-year point is an opportune time to take stock of your investment holdings – but reviewing your portfolio should really be an ongoing exercise.