September 2015 Newsletter

          Current as of September 2015 [vc_row][vc_column width=”2/3″] ARE YOU ELIGIBLE FOR CONCESSIONS FOR EMPLOYING NEW STAFF? If you are hiring more staff and increasing your business’s capacity, then you might be interested to know that Mike Baird is giving you a $2,000 grant per new full-time equivalent position. This will be effective from 1 July … Read More

Super Contributions – Are you paying enough, or too much?

Current as of September 2015   With the new financial year well underway and the 1st quarter super contributions due for payment by 28 October 2015, are you maximising your superannuation cap limits or contributing too much for your staff? Contribution caps As super contributions have annual limits, care must be taken to ensure these caps are not exceeded and … Read More

SUPERSTREAM

Current as of June 2015 Will you be paying and reporting your staff’s super contributions correctly from 1 July 2015? Is your payroll/super software SuperStream ready? Employers will be required to use SuperStream to send contribution data and make payments electronically (using e-commerce standards) for all their staff. The ATO can impose administrative penalties for those failing to comply with … Read More