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superannuation newsletter edition 17
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Jun 07, 2023 / News
When is a worker an employee?
Although not part of the Budget, it is worth noting a recent case on the extended definition of “employee” in the super guarantee legislation. Read more
Jun 07, 2023 / News
The continuing saga of non-arm’s length expenses in super funds
The Budget included a disappointing announcement in relation to the long-running debate over the treatment of non-arm’s length expenses in super funds. Read more
Jun 07, 2023 / News
Additional tax on super balances over $3 million
The Budget confirms the Federal Government’s intention to introduce an additional 15% tax on a proportion of the super “earnings” of a member where the member’s total super balance is greater than $3m at the end of a financial year. Read more
