Tag Archives: SGC

Ordinary time earnings (for Super guarantee purposes)

The Tax Office has released a Draft Superannuation Guarantee Ruling in which it states the Commissioner’s preliminary view on whether payments to employees are ordinary time earnings (OTE) and/or ‘salary or wages’. Since 1 July 2008, employers are required to … Continue reading

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Super Clearing House to (try to) Slash Business Red Tape

I’m pretty skeptical every politician promises to “slash red tape”. This particular item is something I recall asking for years ago so I hope it comes off. As a part of the budget previews last week the minister of superannuation … Continue reading

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