Super is money set aside over your lifetime to provide for your retirement. Managing super doesn’t need to be difficult or time-consuming. You can simply:
1. find out about your super entitlements
2. do #ATO's five-step super check to help sort out & grow your super.
#SmallBusinesses can access a range of concessions including #payment and reporting options. This applies to sole traders, #partnership, #Companies or trusts.
Eligibility: operates a #business for all or part of the income year, and
has an aggregated turnover of less than $10M.
Fringe benefits tax (FBT) is a tax which employers pay on certain benefits they provide to their employees – including their employees’ family or other associates. The benefit may be in addition to, or part of, their salary or wages package.
#tax#Australia#AU#fringebenefitstax
As a small business, you may be eligible for the following capital gains tax (CGT) #concessions on assets used to conduct your business. These are called 'active assets'. The #turnover threshold for #CGT concessions is $2 million.
#ATO#SmallBusiness#capitalgainstax#business
Super is money you pay for your workers to provide for their #retirement. The minimum one must #pay is called the super guarantee (SG). The SG is currently 9.5% of an #employee’s ordinary time #earnings.
#ATO#employers#workers