Tax & Superannuation – Wisewould Mahony

Self Managed Superannuation Funds (SMSFs) – Borrowing Rules

By Robert O'Keefe
September 16, 2015

This update provides a summary of the conditions that must be satisfied by an SMSF when borrowing to fund the purchase of real estate (and certain other assets).

Increased Super Who pays?

By Wisewould Mahony
March 21, 2015

From 1 July 2013, the minimum compulsory superannuation guarantee rate (SG rate) rises from 9% of an employee’s ordinary time earnings to 9.25%.Importantly, this can be an added cost to business for the employer or may be managed as part of the employee’s salary package.