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YOUR MONEY MATTERS DECEMBER 2021

Super is now following new employeesThe ATO is reminding employers that, as of 1 November 2021, there is an extra step they may need to take to comply with the choice of super fund rules. If a new employee does not choose a super fund, most employers will need to request the employee’s ‘stapled super […]

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YOUR MONEY MATTERS NOVEMBER 2021

Preparing for the new Director ID regime As part of its Digital Business Plan, the Government announced the full implementation of the ‘Modernising Business Registers’ program.  This included recently enacted legislation introducing the new director identification number (‘director ID’) regime. The director ID is a unique identifier that a director will need to apply for […]

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YOUR MONEY MATTERS OCTOBER 2021

Extra super step when hiring new employees Employers may soon need to do something extra when a new employee starts to work for them.Currently, if a new employee does not choose their own fund, their employer can pay contributions for them to a default fund. From 1 November 2021, if a new employee does not […]

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