Category: Employers

Superannuation benefits are an essential part of an employee’s overall compensation package, providing them with a means to save for retirement. Different industries offer varying levels of employer superannuation benefits, with some standing out for their generous contributions and additional perks. In this article, we will explore which industries tend to have the best employer…

Employer-matching super contributions are a valuable benefit that many companies offer to their employees. This type of contribution involves the employer matching a certain percentage of the employee’s own contributions to their super fund. While not all companies provide this perk, those that do can greatly enhance their employees’ retirement savings. In this article, we…

Finding out that a past employer has not paid your superannuation can be a frustrating and concerning situation. Superannuation is a crucial part of ensuring financial security in retirement, and any missed payments can have a significant impact on your future savings. If you find yourself in this situation, it’s important to take action promptly…

Being self-employed comes with a lot of perks, but it also means taking on the responsibility of managing your own superannuation contributions. Superannuation is crucial for ensuring a comfortable retirement, and as a self-employed individual, it’s important to take advantage of all the opportunities available to maximize your contributions. In this article, we will explore…

Employers failing to pay their employees’ superannuation is unfortunately a common issue that many workers face. Superannuation, often referred to as super, is money set aside by employers to provide financial security for their employees in retirement. It is a mandatory contribution in many countries, including Australia, where employers are required by law to pay…

Superannuation is a crucial aspect of financial planning for many working individuals. It is a system where employers in Australia are required to contribute a percentage of their employees’ earnings to a superannuation fund, which is then invested for the employee’s retirement. However, there are instances where employers may not be paying the correct amount…

Superannuation is a crucial aspect of financial planning for all working individuals in Australia. It is a retirement savings fund that employers are required to contribute to on behalf of their employees. However, when it comes to casual employment, there are some unique considerations to keep in mind regarding superannuation contributions. The Impact of Casual…

Tax planning is a crucial aspect of financial management for individuals and businesses alike. It involves strategizing to minimize tax liabilities within the legal framework provided by the tax authorities. One of the tools often used in tax planning is non-concessional contributions. Non-concessional contributions refer to voluntary after-tax contributions made to superannuation funds in Australia.…

Exceeding your Concessional Contributions cap is a situation that can have serious financial implications for individuals. Concessional Contributions are the contributions made into your Superannuation Fund before tax, including employer contributions, Salary Sacrifice contributions, and personal contributions claimed as a tax deduction. The Australian Taxation Office (ATO) sets a cap on the amount of Concessional…

Government superannuation contributions play a crucial role in ensuring the financial security of individuals during their retirement years. Superannuation, also known as super, is a long-term savings plan designed to provide income in retirement. In many countries, including Australia, the government encourages its citizens to save for retirement by offering various incentives and contributions to…