Could you be targeted for superannuation non-compliance?

Have you kept yourself informed about your employees’ super entitlements?

Do you run a business in one of the following industries?

• Cafes;
• Restaurants;
• Real estate services; and
• Carpentry services.

The Tax Office is running an education campaign about superannuation that will focus on businesses operating in these industries.

Once the education campaign is finished, the Tax Office is going to audit any employers that they think are not paying the right amount of superannuation.

Did you know that you need to pay superannuation for contractors where the contract is mostly for the labour of the contractor?

This is one of the major issues on the Tax Office’s hit list, so if you aren’t up to date on all your super obligations, the time to prepare yourself is now.

If you haven’t read about how the Smart Tax Handbook can help you, please follow the link to find out more.

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Tags: Superannuation