Upcoming Superannuation Changes
There have been a number of changes around superannuation announced in the recent federal budget with the aim of increasing the members’ retirement balance and facilitating a more equitable superannuation system. Changes Effective from 1 July 2021 1) Mandatory Increase to Superannuation Guarantee Rate The superannuation guarantee is the rate that employers must contribute to […]
Your Knowledge- June 2021
Work From Home Expenses Under Scrutiny If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed. The ATO has stated that it […]
