Tax Planning 2024
As we navigate through the evolving landscape of taxation in Australia, it’s crucial to stay informed and proactive in managing your business’s tax affairs.
Avoid these common payroll errors
While navigating the complexities of payroll management, it’s crucial to be aware of common errors that can lead to compliance issues & financial penalties.
Contribution caps to increase from 1 July 2024
The government announced changes to the super contribution caps that will come into effect from 1 July 2024 providing greater flexibility and opportunities.
Happy New Financial Year
We hope that the new financial year is off to a strong start for your business. As trusted partners in your financial journey, Halpin Partners is dedicated to providing you with timely updates and valuable insights to navigate the ever-changing accounting and taxation landscape. In this newsletter, we would like to highlight several key updates […]
Government confirms plans for $3 million Super Cap
It’s important to acknowledge that the Government’s announcement is a proposal only. It will need to go through the usual parliamentary process and if legislated as announced, the changes will commence from 1 July 2025 (i.e. after the next Federal election). In fact, Tuesday the Prime Minister stated there will be no changes to superannuation […]
Happy new financial year & what to action
Single Touch Payroll – Annual Finalisation All employers must complete their STP Finalisation declarations by 14 July 2021. The ATO recognise the effects of COVID-19 and are allowing these finalisations to be completed up until 31 July 2021. Change to Superannuation Guarantee Rate From 1 July 2021, the superannuation guarantee contribution rate increases to 10%. This will […]
Super Guarantee Amnesty – Ending 7 September 2020
Earlier this year, the Federal Government announced the Super Guarantee Amnesty. The amnesty allows employers to disclose and pay any previously unpaid super guarantee charge (SGC), including nominal interest, they owe their employees, for quarters commencing from 1 July 1992 up to and including 31 March 2018. Those employers who disclose their outstanding obligations and […]
SMSFs – What’s in the spotlight for 2020?
The Superannuation area is a constantly changing environment with further proposed changes planned for 2020. Fund members should be aware of opportunities that are available to them, how the ATO target areas may impact them and future proposed changes. Catch-up Concessional Contributions Since 1 July 2018, members with a total super balance of less than […]
