Nationwide Super: The super fund for small business

Are you a casual worker wondering whether your employer should be contributing superannuation for you? The good news is that yes, you may be entitled to super. Here’s a breakdown of whether you are entitled to super from your employer. How it works Every employer is required to pay 9.5 percent of the total value […]

Saving for retirement is imperative, and one way to achieve this is by contributing to a superannuation fund. To encourage the culture of saving, super is subject to different tax rules. Let us break it down for you. How Super is Taxed – The Basics Usually, super is taxed at three focal points: when it […]

What’s a superannuation allocated pension?  A superannuation allocated pension is started with a lump sum of money that you are paid from your superannuation account when you reach the appropriate age based on your birth year. This age is somewhere between the ages of 55-60. If you were born after 1 July 1964 you will […]

The Ins and Outs of Salary Sacrifice You may have heard of salary sacrifice before, and have wondered what it is and how it could benefit you. Salary sacrifice is a way to contribute to your super account for future retirement and reduce the amount of taxes you will have to pay. Not all employers […]

Super News – Employer Edition – Issue 1 2018 Welcome to the latest edition of Super News for our contributing employers. In this edition we help you get prepared for the government’s Single Touch Payroll scheme that starts on 1 July this year for businesses with more than 20 employees, look at the new and […]

Single Touch Payroll is almost here If you’re a business with 20 or more employees, then the government’s Single Touch Payroll (STP) scheme is about to come into effect for you. This scheme, along with a number of other recent reforms, have been designed by the government to safeguard and modernise the Superannuation Guarantee (SG) […]