Hi All at A-Z,

Standard Business Reporting (SBR) to be implemented July 2010

From 1 July 2010, you will be able to lodge compliance forms directly to the ATO through your financial, accounting or payroll software if it is SBR-enabled.

Standard Business Reporting (SBR) is an initiative by the Australian Government to reduce the business-to-government reporting burden. The SBR was co-designed by government agencies and software [...read more]

Super Co-contribution Permanent

From 1 July 2010, the ATO will retain the permanent matching rate of 100% for all super co-contributions. The maximum super co-contribution that is payable on an individual’s eligible personal non-concessional super contributions is $1,000 [... read more]

Future Super Guarantee Rates

In the 2010–11 Federal Budget, the government announced:

• the superannuation guarantee (SG) rate will gradually increase from 9% to 12% between 1 July 2013 and 1 July 2019
• the SG age limit will be raised from 70 to 75 on 1 July 2013.

These changes are not yet made law.  [...Read more here]