SG

SG amnesty is not law, but its promise has gathered $100 million so far

  Tax & Super Australia reported recently that the failure of the Superannuation Guarantee Amnesty to pass into law has led to a problem — namely, that employers who came forward after the announcement of the amnesty, via a media release in May 2018, on the expectation of enjoying the amnesty’s benefits, found themselves facing

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SG amnesty: Are reports of ATO leniency off the mark?

  The failure of the Superannuation Guarantee Amnesty to pass into law has led to a problem. To recap, the Superannuation Guarantee Amnesty was to be available for the 12-month period from 24 May 2018 to 23 May 2019. To get the benefits of the amnesty (set out below) employers must during this 12-month period

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SG on leave loading? Yes, and no — so it pays to check

  An issue has surfaced in recent times that in some cases may require a change in the approach taken by some employers with regard to them being fully compliant with superannuation guarantee obligations. The problem for some may not be so much ducking the rules, but rather being in sore need of clarification on

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Gig economy danger: Hiring a “contractor” who is really an employee

  If your business client is looking to put on more staff, then by all means congratulate them. But they may also benefit from a follow-up warning. In these days of the “gig economy”, the engagement status of workers has become an even more important distinction – whether they are employees or independent contractors –

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SG catch-up amnesty reaches waaaaay back to when it all started

  The government surprised a great many people in late May with the announcement that it would allow employers to fix unpaid compulsory super payments to employees, all the way back to 1992, without penalties. The 12-month superannuation guarantee amnesty is intended to apply retrospectively once enacted and, as the name suggests, it’s a once-off

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