November 2023 Newsletter

Rede Accountants November 2023 Newsletter

This Newsletter covers :

• Workers owed $3.6bn in super guarantee
  • Single touch payroll matched to super fund data
  • When SG is paid late
  • Up to 10 years in prison for deliberate ‘wage theft’
  • The danger of misclassifying contractors
  • ‘Payday’ super from 1 July 2026
• When trust distributions to a company are left unpaid
• Quote of the month
• Fixed-term employment contracts limited to 2 years
• 30% tax on super earnings on balances above $3 million
• When is food GST-free?
• Warning: Redrawing investment loans

View our newsletter Newsletter PDF.

Take Care
Col, Ken & The Team at Rede