Superannuation or super is a government-mandated retirement savings program that covers all eligible employees, including yours. It is calculated from their first day of their employment. Payments must be made by you as the employer at least four times in a year, based on the following quarterly due dates. If you make a mistake like not paying the minimum amount on time and to the correct fund, you may have to lodge a Superannuation guarantee charge statement and pay the superannuation guarantee charge or SGC. Failing to meet your superannuation obligations and non-compliance with Australian superannuation laws can result in penalties from the ATO. Having a bookkeeper with an understanding of superannuation laws ensures all your superannuation obligations are met. Lodging and paying your BAS must be made at least four times in a year, based on the following quarterly due dates.
For the Trendsetter in you
We just launched a brand new website with much cleaner and sleeker interface. The changes are based on what we learned from the in-depth interview of 20 of our supporters! Thank you so much for those of you who are willing to share insights with us. If you would like to participate our future interviews, please message us! After launching the new website, we headed to CES, the annual Consumer Electronics Show in Las Vegas, and got lots of valuable feedback from the attendees at our daily tasting events!
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