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 simplified insurance claims process for members, along with the benefits of contributing extra to your super savings. Click here to download a PDF version.
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 from 1 July 2018.
Insurance Claims Made Simple
Simple is back. We’ll soon be launching a simple three-step digital solution that allows our members to initiate and manage their claims online, from a desktop or tablet.Get the details here
EOFY Contributions Deadline
The end of June is a busy time for everyone!
Don’t forget that for super contributions to be processed in the 2017/18 Financial Year, they need to be received by Friday 29th June.
It helps to leave plenty of time for delivery and processing, so we suggest aiming to complete your contribution and notification process by Friday 22nd June if possible.
Making Extra Contributions to Super Has Rewards
We’re living longer, more active lives, and the cost of living will continue to rise, so it makes sense to ensure your nest-egg is as healthy as possible when it comes time to retire. We explain the benefits of making extra contributions to your own super.Understand your contribution options
Super Rates and Thresholds for 2018/19 Confirmed
The Australian Taxation Office (ATO), recently released the key superannuation rates and thresholds for the 2018/19 financial year.View the key rates and thresholds here