Millenial & Gen Z – Preparing For The Future With Superannuation

May 15, 2024
Millenial & Gen Z Superannuation | TAS | Bayswater

Super for Millenials & Gen Z Millennials and Gen Z are facing some of the most difficult challenges when it comes to financial priorities. Between paying off HECS debts/HELP loans and saving for a first home, these immediate concerns often overshadow long-term goals like retirement planning. In the midst of these immediate concerns, it’s easy …

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What Contributions Can Be Made To Superannuation Funds?

May 1, 2024
What Contributions Can Be Made To Superannuation Funds? | TAS | Bayswater

Superannuation Contributions As retirement looms, ensuring a comfortable and secure future becomes a top priority for many individuals.  One essential aspect of this preparation is maximising superannuation contributions. With the right strategies, you can harness the power of compounding interest and investment growth to build a substantial nest egg in your superannuation for your golden …

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What Is The Small Business Superannuation Clearing House

April 24, 2024
Small Business Superannuation Clearing House | TAS | Bayswater

Superannuation Clearing House (SBSCH) For small businesses in Australia, managing superannuation payments for employees can be a time-consuming and complex task. Super guarantee payments must be made quarterly, with the next due date being the 28 April. However, the Australian Taxation Office (ATO) offers a solution in the form of the Small Business Superannuation Clearing …

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Superannuation-Related Obligations Employers Need To Keep In Mind

September 14, 2023
Superannuation Related Obligations for Employers | TAS | Bayswater

Employer Superannuation Obligations While the hustle and bustle of operating and managing a business can occupy your mind, it’s important not to forget your superannuation obligations to your employees. Those who fail to meet their super obligations risk facing severe and even damaging liabilities, penalties and even potential imprisonment. Are you aware of your obligations? …

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What Happens To Superannuation When Bankruptcy Is Declared?

July 31, 2023
Superannuation and Bankruptcy - What Happens? | TAS | Bayswater

Superannuation and Bankruptcy – What You Need To Know Have you ever wondered what happens to superannuation in bankruptcy situations? Bankruptcy is a legal process that can be commenced when you are declared unable to pay your debts. It is a process that can release you from most debts, provide relief and allow you to …

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Your Guide To Super Contributions

June 8, 2023

Superannuation – What You Need To Know In some circumstances, superannuation contributions can be claimed on your tax return if they are made to a super fund or retirement savings account. However, these circumstances are limited and may require professional advice to maximise the benefits. Superannuation contributions that are paid by your employers directly to …

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