Published on 05 Dec 13
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
Superannuation Guarantee rates are on the rise – but is it just as simple as increasing the rate you or your clients pay? With ATO Superannuation Guarantee reviews a compliance focus, there are many overlooked issues that employers are being caught out on. With some ATO superannuation reviews taking years to conclude it is timely to review some of these issues to get them right before they become an issue. This paper looks at some of the more commonly encountered issues, including real life examples, and will provides some meaningful takeaways to ensure compliance in your own and your clients’ businesses.
Topics covered include:
- ordinary hours and OTE
- who and what is included and excluded for SG purposes
- how to deal with the increasing rates on salary packages
- tricks and traps commonly encountered by employers
- directors’ liability issues.
Glynn Flaherty, CTA, Payroll Matters
Glynn is a Director with Payroll Matters Pty Ltd. Payroll Matters contributes to many technical payroll publications, advises on taxation software products and provides a national payroll assistance service. Based in South Australia, Payroll Matters have extensive experience in advising a diverse range of employers from large publicly listed companies, to many charitable bodies and not-for-profit organisations on all aspects relating to payroll.
- Current at
26 March 2017