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Showing 181 - 190 of 194 results for "Super Guarantee"

Cut super tax, boost co-contribution

RUTH LIEW  |  WEDNESDAY, 23 JAN 2008
... government to government, there'd be no difference from that leading to a reduction of the 15 per cent tax [on super guarantee payments]," he said.

The new government: what it means

... tax free threshold rising from $11,000 to $16,000. In super, CFS expects businesses will have an option to make super guarantee payments into a central "Superannuation Clearing House", to be contracted to the private sector. The current 9 per cent compulsory ...

Ban default super funds: FPA

ALEX DUNNIN  |  WEDNESDAY, 25 OCT 2006
The Financial Planning Association (FPA) has called for default super fund selections to be banned because they block consumers from developing customised retirement strategies. Speaking at the first day of public hearings in Sydney for the Parliamentary ...

Govt recommends 3 per cent super top-up for under 40s

... the norm for saving for retirement should be around 12 per cent of wages, not 9 per cent as currently set by the Super Guarantee." Andrew Barlow, chief executive of online super fund maxsuper, agreed that the move is a "positive step" but said he was ...

ASFA slams proposal to cut super

KATE HAGE  |  FRIDAY, 28 APR 2006
... will drastically reduce part-time and contract workers' superannuation savings. The proposal suggests raising the super guarantee exemption threshold from the current $450 a month to $800 a month, meaning those that earn less than $800 would not have ...

SG is a tax: Tax Inquiry

The just-announced tax inquiry may lead to the unthinkable - an attack on the 9 per cent Super Guarantee (SG). Treasurer Peter Costello has just announced a broad review of taxation in Australia so the government can get clear figures comparing our ...

Too many people unprepared for retirement: Count

... relying on their super contributions to fund their retirement will fall far short. "Relying on the 9 per cent Super Guarantee is unrealistic. A person hoping to retire on $40,000 at age 65 will need around $500,000 in super - well beyond what 9% super ...

ASFA welcomes government super measures

... to pay an administration charge, plus interest at 10 per cent per annum that was calculated daily on top of the Super Guarantee amount that was due. Under the government's legislation employers will now be able to 'self-correct' marginally late payments ...

ATO reminds employers about Choice requirements

... important employers ensure their employer fund is a complying fund and that they meet the quarterly deadlines for super guarantee contributions." Furthermore employers need to provide a Standard Choice Form to new employees who are eligible for choice ...

STA urges employees to check super contributions

AAP  |  FRIDAY, 1 JUL 2005
... received any payment at all." Delaney says that although employers were still under the obligation to pay the super guarantee levy quarterly, there was no such obligation to report the fact to their employees. He says the potential for super to get lost ...