
27/05/2021
The latest AWOTE details released by the ABS have been used to calculate the following superannuation rates and thresholds for 2021-22. Contribution caps The concessional contributions cap is set to increase to $27,500 (up from $25,000 since 2017-18). As the concessional cap is now only indexed in $2,500 increments, the AWOTE index was (finally) sufficient […]
12/05/2021
Last night Treasurer Josh Frydenberg delivered the 2021 Federal Budget which was an extension of October’s 2020 COVID-recovery Budget, and focused on job creation and spending for individuals, in the wake of the pandemic. With an election looming, the conservative Budget included few surprises, continuing to give support to some key industries (but not all), […]
30/09/2020
Consider the related financial, reputational and compliance risks for your business. On 1 July 2021 wage theft became a crime in Victoria. The Wage Theft Bill 2020 creates new employee entitlement offences, comprising wage theft offences and new record keeping offences. It is designed to capture employers who falsify or fail to keep records for […]
01/06/2020
Making contributions into your super can be a great way help boost your income in retirement. What’s more, the sooner you start, the greater the impact could be. With the End of the Financial Year fast approaching, here are some handy reminders of the ways you can add extra funds into your super accounts. Make […]
10/03/2020
ShineWing Australia invites you to our annual Employment Taxes Update which outlines the latest tax news and changes. The seminar will discuss the latest tax news and changes and provide an update on the following: What’s new and recent developments FBT recap Superannuation & Amnesty update Global mobility & Tax residency insights Employee Share Scheme trends […]
12/02/2019
ShineWing Australia invites you to our annual Employment Taxes update which outlines the latest tax news and changes. The seminar will discuss the latest tax news and changes and provide an update on the following: What’s new and recent developments FBT recap Superannuation and amnesty update SRO / OSR payroll tax activity Global mobility / […]
27/03/2018
Are you a substantial employer and if so, ready for the Single Touch Payroll framework? As of 1 April 2018 a headcount must be conducted on all employees including full-time, part-time and casuals that worked at least once in the month of March. Single Touch Payroll (STP) is the new reporting framework under which employers […]