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ACCOUNTANTS SYDNEY
Government takes action to address superannuation guarantee non compliance
The Government will seek to legislate a key recommendation of the Superannuation Guarantee Cross‑Agency Working Group to close a loophole that could be used by unscrupulous employers to short‑change employees who choose to make salary sacrifice contributions into their superannuation accounts.
Get set for a 3.3% increase to minimum wages – 2017 Annual Wage Review
The Fair Work Commission (FWC) has announced a 3.3% increase to minimum wages.
Federal Budget 2017
The Treasurer, the Hon Scott Morrison, has handed down his second Federal Budget in Canberra overnight. He spoke of this Budget being about fairness, security and opportunity with the Government focussing on guaranteeing essential services, tackling the cost of living and ensuring the Government lives within its means.
2017-18 Federal Budget snapshot
With the budget handed down last night, here are some of the key measures which may be of interest to you. This is a good summary – it is not intended to be a comprehensive analysis.
Superannuation Contribution Caps & Key Changes effective from 01 July 2017
In the May Budget the Government announced it was making changes to super. Since then they have reviewed and announced changes to their original plans. These come into effect on 1 July 2017.
Federal Budget 2016
The Treasurer handed down Budget 2016-17 at 7.30pm on Tuesday 3 May, 2016. See below a short summary of some of the key changes that affect business and superannuation:
Tax Risk Management
At Horwood Partners, the way that we structure our financial advisory services allows us to cater for a wide variety of businesses in tax risk management.
Horwood Partners service clients throughout all states and territories in Australia.