URGENT NOTIFICATION- Deadline 23rd June.
1/ Should you be making Concessional Contributions To Super Now?
2/ Are your employee Superannuation Liabilities all paid up to date on wages?
Are you set to make a profit in the 2019 Financial Year and looking to minimize Tax payable.
Do you have additional cash-flow available now from Job Keeper or Cash-Flow Boost
Are you Super’ (annuation) Keen?
Concessional contributions can be made into your super fund to a $25,000 threshold this financial year, and will be taxed at 15% . These contributions could be classified as a Business Expense.
These may include contributions, such as:
- compulsory employer contributions
- any additional concessional contributions your employer makes
- salary sacrifice payments made to your super fund
- other amounts paid by your employer from your before-tax income to your super fund, such as administration fees and insurance premiums.
CALL US, OR YOUR ACCOUNTANT TODAY TO DISCUSS THIS FURTHER IF YOU THINK THIS APPLIES TO YOU. 0412 754 444