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Showing 31 - 40 of 63 results for "Unpaid super"

Protecting Your Super Package will cross finish line: Treasurer

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... defer taxes on gains and losses from revenue and capital assets. Frydenberg warned the Government is cracking down on unpaid super by giving the ATO $42.1 million over four years to ramp up unpaid tax and superannuation liabilities recovery initiatives. ...

Budget 2019-20: Social media reacts

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... pic.twitter.com/KzWdIe2OUU - Bill Shorten (@billshortenmp) April 2, 2019 Industry Super said the Budget didn't address the issues of unpaid super or the gender gap. After the #auspol 2019/20 Budget it is clear more needs to be done. You can read ...

Labor pledges tougher unpaid super penalties

KARREN VERGARA  |  MONDAY, 17 DEC 2018
... power. Shadow Treasurer Chris Bowen proposed new measures over the weekend in a bid to curb the "enormous issue" of unpaid super. Employers that fail to tell the ATO about unpaid superannuation entitlements will be forced to pay fines equal to 300% of ...

Cbus whacks illegal phoenixing

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
The $48 billion industry super fund is backing the introduction of director identification numbers (DINs) to stop company directors from fraudulently escaping superannuation obligations to workers. The construction industry is the "highest represented" ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... Linden said the revelations suggest there is a basic failure to enforce the law which is likely contributing to the unpaid super problem. "The wholesale waiver of statutory penalties prescribed under the law for failing to pay super on time is a green ...

Unpaid super reaches $6bn

DARREN SNYDER  |  MONDAY, 4 JUN 2018
Industry Super Australia is lobbying the Federal Government to improve proposed laws that further address unpaid superannuation, a figure estimated to be about $5.9 billion as at 2015-16. Speaking to a Senate committee hearing in Canberra on Friday ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... history of underpaying the superannuation guarantee will have a chance to "wipe the slate clean" and clear any pile of unpaid super without copping late payment penalties from the Government, according to legislation introduced in the Parliament today. ...

New law tightens unpaid SG penalties

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... entitlements could face court-ordered penalties and even jail time under a new law designed to combat the $2.85 billion unpaid super problem. Minister for Revenue and Financial Services Kelly O'Dwyer introduced legislation in Parliament overnight in ...

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
The Federal Government is proposing all employers transition to the Single Touch Payroll (STP) system from 1 July 2019 under its superannuation guarantee reform package. What previously applied to employers with 20 employees or more is now being extended ...

Industry association targets super gaps

EMMA RAPAPORT  |  MONDAY, 8 JAN 2018
... rectify the superannuation system. The industry association said urgent solutions must be found to address the issue of unpaid super and the gaps in superannuation coverage. "Our submission presents a solution aimed at reducing the gender gap, with a ...