June 2021 Newsletter

Rede Accountants June 2021 Newsletter

The guide covers the measures for:

• WORK FROM HOME EXPENSES UNDER SCRUTINY & THE PERILS OF BROWSING FACEBOOK
• AM I TAXED ON AN INSURANCE PAYOUT?
  • Business premises, trading stock and depreciating assets
  • Rental properties
• QUOTE OF THE MONTH
• WHAT CHANGES ON 1 JULY 2021?
  • Super guarantee rate increase to 10%
  • New stapled superannuation employer obligations for new staff
  • Indexation increases contribution caps and the transfer balance cap
  • Concessional and non-concessional contribution caps
  • Total super balance – contribution and bring forward available
  • Transfer balance cap – why you will have a personal cap
  • Minimum superannuation drawdown rates
  • Single touch payroll reporting

View our newsletter Newsletter PDF.

Take Care
Col, Ken & The Team at Rede