Superannuation
ASIC cracking down on SMSF auditors for conduct issues
As a trustee of a Self-Managed Superannuation Fund (SMSF), we believe it is crucial to keep you informed about recent developments that may have implications for your fund. The Australian Securities and Investments Commission (ASIC) has taken significant action against certain SMSF auditors to ensure compliance with regulatory obligations and maintain the integrity of SMSF…
Read MoreGreat time to catch up on late superannuation guarantee payments!
There’s good news for those employers who have fallen behind in paying their superannuation guarantee obligations. The Minister for Revenue and Financial Services announced a commencement of a 12 month Superannuation Guarantee Amnesty (subject to new law). This is a one-off opportunity for employers to correct past super guarantee non-compliance without facing penalty. The Amnesty…
Read MoreThe Small Business Superannuation Clearing House is moving
The Small Business Superannuation Clearing House is moving. If you use the Australian Taxation Office clearing house to report and pay your superannuation contributions for your employees you will need to note changes to the way you access the service. Please note if NorthCorp lodges your superannuation on your behalf or you use a clearing…
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