The 2021 federal budget stipulated that the compulsory superannuation guarantee — the proportion of wages that employers must contribute to their employees’ retirement savings, is legislated to increase half a per cent a year starting on 1 July, 2021 before reaching a final value of 12.00% by 1 July, 2025. Read more about the impact here.
In our video series Hall Chadwick QLD Partner Sanil Raje talks to the considerations for setting up or changing a business structure.
Sanil refers to the several key factors that your business structure should be determined by, and how often this should be reviewed.
Click through to watch our video and learn more.