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July 2021: Superannuation updates

July 2021: Superannuation updates

From 1 July 2021, the superannuation guarantee rate will rise to 10%, marking the first increase since 2014. This article covers upcoming SG rate changes through to 2026, the extension of minimum drawdown relief, and new payroll reporting requirements for small and family-run businesses.

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Budget 2021-2022

Budget 2021-2022

The 2021–22 Federal Budget introduces wide-ranging changes including tax relief for disaster-affected businesses, superannuation contribution reforms, new SME loan support, and updates on JobKeeper overpayments. Learn how these measures could impact you or your business.

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The Australian Federal Government announced COVID-19 reforms in October 2020 aimed at assisting small businesses to restructure when in financial distress. The reforms were aimed at reducing the complexity and…

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