Super

Super

Payday super will punish small business, says NTAA

Phase in the start date or give companies with less than $5 million turnover a waiver, urges the lobby group.

04 November 2023 • By Philip King

more from super

Super

Farmers, small business ‘to bear brunt of $3m super tax’

Those with illiquid assets such as premises or land in super could struggle to pay the tax, the SMSF Association says.

20 October 2023 • By Philip King

Super

$3m super tax will thump thousands of SMSF members with $80k bill

More than one in eight will experience “liquidity stress” trying to meet the tax obligations, a report by Adelaide Uni...

12 October 2023 • By Keeli Cambourne

Super

APRA plans to open the books on super fund spending

Published information would include donations to unions and political parties, as well as executive remuneration.

11 October 2023 • By Philip King

Super

Treasury opens consultation on payday super measure

Two models are put forward for the reform as well as revisions to the penalties for late payment.

10 October 2023 • By Miranda Brownlee

Super

ATO steps up data-matching to snare late super payments

STP 2 and more sophisticated software enables the Tax Office to monitor payments quarter by quarter, a technical...

05 October 2023 • By Miranda Brownlee

Super

Draft law for $3 million super tax reveals exemption details

The additional tax on large balances contains provisions for child recipients, structured settlements and deceased...

04 October 2023 • By Miranda Brownlee

Super

SMSFA urges government to remove active member test

Residency of a fund should be determined on the same principles as all other entities for income tax purposes, the...

03 October 2023 • By Keeli Cambourne