Budget Update

Here is an analysis of the 2019 Australian government budget from the National Tax and Accountants Association

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Super changes in the 2014 budget

Super guarantee rate of 9.5% on 1 July 2014– Instead of pausing the superannuation guarantee rate at 9.25%, as previously announced, the Government will now increase the SG rate to 9.5% on 1 July 2014 (as currently legislated) and leave it at this level until 30 June 2018. The SG charge percentage will then increase…

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