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Employee bonuses: risk them or face the Charge!

Publication date: 01 Sep 03 | Source: KEEPING GOOD COMPANIES

Issue: Vol 55, no 8

Pages: pp. 490-492

Many businesses operate bonus schemes to provide incentives to their employees. While there are numerous advantages to the schemes, employers should consider the consequences of bonus payments for their superannuation guarantee obligations.

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Author profiles

Chris Ketsakidis CTA
Chris heads the Superannuation & Financial Services practice at Maurice Blackburn Commercial. His expertise is in the areas of superannuation, estate planning, tax structuring and trusts. He has practised for more than eighteen years in these key areas. Chris advises a range of participants in the superannuation and financial services industry, including accountants, financial advisers, superannuation fund trustees, SMEs and high net-worth clients. - Current at 18 August 2010
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