Catch-Up Concessional Contributions
Should you find yourself wanting to contribute more to your Superannuation Fund, you could consider your eligibility to make catch-up concessional contributions. $27,500 is the maximum cap that you can contribute to your super per year and claim as a tax deduction against your income.
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Should you fail to pay your employees’ super guarantee amount (currently 11%) in full, by the due date and to the right fund, you must pay the Super Guarantee Charge (SGC) and lodge an SGC statement with the ATO. The SGC charge is made up of the following: The super guarantee is calcu
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