Category Archives: Basics about Super

Basics about Super – Small Business Superannuation Clearing House (SBSCH) – How it can help Small Business

Posted on April 27, 2017 by

The Australian Tax Office (ATO) has a service called the Small Business Superannuation Clearing House, designed to help small business (with less than 19 employees) meet their super obligations as employers. Here is what the ATO site says – The … Continue reading →

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Basics about Super – Transition to Retirement TTR – How does it work?

Posted on March 31, 2017 by

A TTR (Transition to Retirement) is a method for topping up your income as you approach retirement. It helps you supplement your work income with a super pension, enabling you to work less or part-time. It is good to see … Continue reading →

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Basics about Super – Super and Death Benefits – how does it work? (Super Death Benefit)

Posted on April 26, 2016 by

The Australian Tax Office (ATO) confirms that super is not part of a person’s estate (usually), and the Trustees who control and run a super fund or Self-Managed Super Fund (SMSF), determine where the money goes. The ATO site tells … Continue reading →

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Basics about Super – Employees can choose – Choice of Super Fund

Posted on April 6, 2016 by

Employers should be aware that employees who are eligible for super in many cases are also be eligible to choose the fund you pay into. But if they aren’t eligible to choose or don’t make a choice, you must pay … Continue reading →

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Basics about Super – Basics 6-10 about the Australian Super System

Posted on March 9, 2016 by

Here are five more basics about the Australian Super system. (For the first 5 Basics 1-5 see last month HERE) 6. Investment Choices – While the big major super funds allow you to choose how you want your money invested by the super … Continue reading →

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Basics about Super – Five basic things to know about our Super System

Posted on February 4, 2016 by

  Superannuation Guarantee (SG) – All Employers must pay at least the value of 9.5% of your wages/salary (not FROM your pay, but another expense of the employer) to your member account in a super fund (including a self-managed super … Continue reading →

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Basics about Super – Small Business Superannuation Clearing House – How does it help Small Business

Posted on August 27, 2015 by

The Australian Tax Office (ATO) has a service called the Small Business Superannuation Clearing House, designed to help small business (with less than 19 employees) meet their super obligations as employers. Here is what the ATO site says – The … Continue reading →

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