Super increase to 10% from 1 July 2021 – what it means for your payslip?
All – New 10% Superannuation Rate 1 July 2021 Increase from 9.5% to 10% Super applies to wages paid from 1 July 2021. Scenario A: Your contract is Y including super – less pay, more super Scenario B: Your contract is X plus super – same pay, more super Scenario A: Contract is X plus […]
Australian Consumer Law Changes
Changes to the Australian Consumer Law (ACL) from July 2021 – do they affect your business? The financial threshold definition of a consumer within this law will increase from $40,000 to $100,000. The law change means that businesses that sell goods or services with a value up to $100,000 must comply with the consumer guarantees […]