The Australian Taxation Office released a draft Practical Compliance Guideline (PCG) 2022/D5 which sets out their compliance approach for businesses that engage workers and classify them as employees or contractors. In 2022, the High Court handed down two decisions that impact how businesses distinguish between employment and contractor relationships.

Several key changes come into effect on 1 July 2022 regarding superannuation contributions. These changes create opportunities for all, young and old, to grow their retirement savings.  Our team provide an overview of the changes and how individuals, businesses and employers can prepare.

The superannuation guarantee rate will increase from 9.5% to 10% from 1 July 2021.  We look at how this impacts businesses and give practical tips for employers to consider in the lead up to the change.