Blog / Superannuation Guarantee

Upcoming tax and super changes from 1st July 2023

Upcoming tax and super changes from 1st July 2023

As seen in Woopi News May 2023 The end of the low and middle income tax offset. Starting back in the 2018/19 financial year and extended throughout the pandemic, the low and middle income tax offset reduced tax payable by between $255 - $1080 for individuals earning...

Superannuation Guarantee Is Rising

Superannuation Guarantee Is Rising

From 1 July 2022 the superannuation guarantee (SG) rate will increase from 10% percent to 10.5%.  The rate will also increase a further half a percent each year until it reaches 12% in 2025.

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