Search Results | Showing 11 - 20 of 30 results for "SG payments" |
| | ... compulsory superannuation system by retaining the $450 a month threshold." And, "it fails to shift the frequency of SG payments from quarterly to monthly or fortnightly to align with wage payments and enhance transparency." Finally Linden said the policy ... |
| | | ... don't own up to voluntarily, in line with its usual enforcement activity. The ATO estimates about $2.85 billion in SG payments went unpaid in 2014-15. "While this represents a 95% compliance rate, any level of non-compliance is unacceptable, which ... |
| | | ... micro-businesses, while a small amount of re-work is undertaken for the few that use cheques. A large proportion of non-SG payments are also failing to report items such as insurance only amounts paid by employers, it said. The ATO explained this could ... |
| | | ... chartered accounting firm Pilot Partners, many company directors are unaware they could be personally liable for unpaid SG payments for contractors. Howlett said a problem can arise if a contractor is hired wholly or principally for their labour - they ... |
| | | ... pension age to 70 years. The association has also voiced its support of the ATO being made responsible for enforcing non-SG payments made through employers "under a regime that is for all intents and purposes identical to that which exists for SG amounts." ... |
| | | ... of $43,372 for a single and $59,619 for couples. According to ASFA, based on current settings and the increase in SG payments to 12%, 40% of Australians will reach a comfortable standard of living in retirement by 2040. This represents an increase of ... |
| | | ... about workers aged under 30 were most likely to miss out on the super guarantee, with 37% of 20 to 24-year-olds losing SG payments from their employer, compared with 23% of 50 to 54-year-olds. She said if this continued to go unchecked, lost super earnings ... |
| | | ... include retaining the low income super contribution (LISC), which ensures those earning up to $37,000 pay no tax on SG payments made by their employer. The LISC is currently set to be abolished in 2017. Blakey is also calling for the government to also ... |
| | | ... payments by employers." "The passing of this legislation should not be a signal to employers that the obligation to make SG payments has in some way diminished," ASFA chief policy officer Glen McCrea said. "In this context we consider that it is essential ... |
| | | ... executive manager, policy and research, David Haynes, said changes will reduce the incentive for employers to make SG payments on time. "The system should reward employers who are good corporate citizens and penalise employers who are bad corporate citizens," ... |
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