Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund.

COVID-19 Support Will Roll Back As States And Territories Reach Vaccination Targets.

If the employee does not identify a fund, the employer is required to contact the ATO.

New legislation will help prevent superannuation assets from being hidden during divorce proceedings.

Of late, there have been several compensation payments made by financial services providers to customers that were inappropriately charged or overcharged for insurance premiums or services they did not receive. But does a financial services compensation payment to your superannuation fund count as a contribution?

Australia’s two largest states and the ACT are in lockdown as the Delta strain of COVID-19 takes its toll while others are standing firm on a policy of eradication. The result is a country at a policy impasse and divided by border restrictions.

To encourage spending, an asset’s cost will be fully deductible in the year it’s installed ready for use, rather than being claimed over the asset’s life.

JobMaker rules are not certain and may change. Here is what has been announced so far.

The Government has stepped in to prevent a wave of insolvencies when the COVID-19 support measures run their course in December 2020.

We look at the issues for those seeking to qualify for the second tranche of JobKeeper.