SUPERCentral is an independent online platform provider of SMSFs, advice, legal documentation and wealth management services to accounting and financial planning firms throughout Australia.

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Super changes now before Parliament


Most of the superannuation changes announced in the 2021 May Federal Budget are now before Parliament as Treasury Laws Amendment (Enhancing Superannuation Outcomes for Australians and Helping Australian Businesses Invest) Bill 2021 (yes - that is its official title!).

Removal of the $450 monthly SG threshold


In broad terms, the Superannuation Guarantee Scheme (SG Scheme) provides that an employer who does not provide a minimum level of superannuation support (currently 10% of an employee's ordinary time earnings for 2021/22 but this will increase to 10.5% for 2022/23) will be liable to pay to the Government a charge (the Superannuation Guarantee Charge or SG Charge).

Upping the ante - increase in the cap of eligible contributions for the First Home Super Saver Scheme


From 1 July 2022 the cap on the amount of contributions which can participate in the First Home Super Saver Scheme (FHSS Scheme) will be $50,000 (currently the cap is $30,000).

Downsizer contributions - access age reduced to 60


From 1 July 2022 the access age for downsizer contributions will be age 60 (currently age 65).

Why SUPERCentral


We offer a full suite of online documents and services to support your SMSF needs from SMSF establishment, trust deeds, amendment, compliance, pensions, superannuation splitting, winding up, death benefit planning and more.