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Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund. When you die, it does not automatically form part of your estate but instead, is paid to your eligible beneficiaries by the fund trustee..
A State-by-State breakdown of how COVID-19 support will roll back as states and territories reach vaccination targets.
New legislation will help prevent superannuation assets from being hidden during divorce proceedings.
Australia is currently on track to fully vaccinate the eligible population of 20.62 million adults in December 2021.
The ATO has recently issued a reminder that capital gains tax does apply to crypto-asset gains or losses.
The support available to individuals and business has been constantly evolving and changing. Here’s a summary of where support stands around the country.
Support is available for businesses and individuals if you are impacted by the Victorian lockdowns.
If your business has been adversely impacted by the recent lockdown in NSW, support is available.
If you can’t work because you or someone in your household is impacted by COVID-19, support is available.
There are two payments accessible to individuals: the COVID-19 Disaster Payment; and, the Pandemic Leave Disaster Payment.
Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s business registers.
