by Peter McCarthy | Feb 9, 2020 | Superannuation
The First Home Super Saver (FHSS) scheme was launched a couple of years ago to reduce pressure on housing affordability. The scheme allows eligible taxpayers to save money for their first home inside the superannuation system. The government says this concessionally...
by Peter McCarthy | Apr 30, 2019 | Superannuation
At Precision, the issue of unpaid superannuation is an issue that we are very passionate about. We have covered this problem on many occasions and now there is another turn with the proposed SG Amnesty failing to pass into law. This failure of the Superannuation...
by Peter McCarthy | Mar 1, 2017 | Superannuation
Team #PTAandM hope you enjoyed our presentation tonight on some of the important issues surrounding superannuation compliance. Please find below a list of links you might find interesting, some of which were mentioned during tonight’s...
by Peter McCarthy | Feb 7, 2017 | Accounting, Superannuation
New survey results from Roy Morgan Research shows that the average age of Australians intending to retire in the next 12 months is 61 years, up from 58 years in 2014. The average in 2008 was 57.5 years. Average age of “intending” retirees creeping up. “This increase...
by PTAM | May 9, 2016 | Accounting, Superannuation
Severe financial hardship, terminal illness, specified compassionate reasons, permanent incapacity and other limited circumstances can serve as grounds for withdrawing pre-retirement or preserved super. Strict rules do apply to regarding emergency access to...
by PTAM | Feb 22, 2016 | Accounting, Superannuation
In October last year we introduced you to a client named Katrina through an article titled SUPER… What happens when it is not paid? Katrina is still wondering “Where is my superannuation?” Katrina worked on a salary for the same employer for almost 10...
