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Showing 11 - 20 of 23 results for "SGC"

Lost super costs young Aussies thousands

DARREN SNYDER  |  MONDAY, 19 OCT 2015
... obligations and to pursue required payments by employers." ASFA believes reducing the harshness of the super guarantee charge (SGC) should only occur if additional resources are provided to the Australian Tax Office (ATO).

ASFA supports SGC bill with increased ATO resources

DARREN SNYDER  |  THURSDAY, 15 OCT 2015
... The Association of Superannuation Funds of Australia (ASFA) believes reducing the harshness of the super guarantee charge (SGC) should only occur if additional resources are provided to the Australian Tax Office (ATO). In its submission on the draft ...

AIST opposes SG charge reductions

DARREN SNYDER  |  MONDAY, 21 SEP 2015
... former federal small business minister Bruce Billson is aiming to reduce the harshness of the superannuation guarantee charge (SGC), claiming it is burdensome on small businesses. Submissions to the draft legislation closed on Friday and AIST executive ...

Cbus opposes smaller super guarantee penalties

DARREN SNYDER  |  WEDNESDAY, 26 AUG 2015
... Bruce Billson recently introduced draft legislation aiming to reduce the harshness of the superannuation guarantee charge (SGC), claiming it is burdensome on small businesses. Cbus chief executive, David Atkin, said the non-payment of super is growing ...

IPA calls for repeal of 10% rule

MARK SMITH  |  WEDNESDAY, 16 APR 2014
... if the employer does not allow the employee to salary sacrifice the super contributions will be limited to the compulsory SGC contribution of 9.25%. However a worker earning $25,000 from employment services could make $25,000 worth of concessional contributions ...

Govt confirms SG delay, kills LICS

MARK SMITH  |  FRIDAY, 25 OCT 2013
... doubt that the Government is committed to promoting certainty and stability in superannuation policy and will increase the SGC to 12%." ISA said the LISC addresses a fundamental inequity in the system without which low income earners actually pay more ...

Former minister joins Cbus

MELANIE TIMBRELL  |  WEDNESDAY, 4 APR 2012
... tough budget that culminated in his decision to resign from politics. "As Treasurer, Mr Dawkins was responsible for both the SGC and SIS legislation, which together underpin the modern superannuation system of compulsory contributions as well as industry ...

SG High Court challenge lost

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
... for employers, who did not pay their employees' superannuation on time, to instead pay the superannuation guarantee charge (SGC) to the Australian Taxation Office (ATO), which then transfers the SG amount plus an interest component to the employee's ...

Efficiency and social equity best way to fix super

ALEX DUNNIN  |  THURSDAY, 5 MAR 2009
... to two major submissions presented to the Henry taxation review. "While the evidence shows there is a case for increasing SGC to 12 per cent, it is recognised that the global financial crisis puts the brakes on such an increase and that consensus is ...

Small businesses to get two-year SG relief

MICHAEL HOBBS  |  THURSDAY, 5 FEB 2009
... more a subsidy scheme for small businesses relating to costs." "There's no intention for them to promote employers not paying SGC," said Vamos. The proposal follows growing concerns that small businesses might be tempted to illegally stop paying SG contributions ...