Superannuation Cutoff Dates For June Super Contributions

June cutoff dates for Super Contributions

Just  a quick reminder that if you are wishing to pay your June Super Contributions before the end of the month, in order to maximize your deductions, you will need to ensure there is plenty of time for the clearing houses to process your payments. 

This is understandably a very busy time of year for the Super Funds and Clearing Houses.

Xero have advised their safe cut-off times for their clearing house is no later than 2PM AEST 18 June 2024.

MYOB and Quickbooks advise to leave at least 10 days before the end of the month to ensure processing times are met.

Remember, your Super Contributions have to have been received by the fund before June 30, not just paid by then, in order for the ATO to recognise the deduction.

Please let us know if we can be of any further assistance with this matter or any of your year end requirements. 

 


RWG June News – Your Essential EOFY Guide

Welcome to our latest newsletter for September 2023

RWG June News - Your Essential EOFY Guide

Good Morning and welcome to June, which means one thing, end of financial year!

We are pleased to send you our Essential June 30 guide, covering all aspects of what to prepare for, along with some handy hints and tips. Specifically looking at bolstering your Super, investment properties and what you can and can’t claim; such as work from home expenses, writing off bad debts and meeting your tax debt obligations.

To download your copy, please click here

 

If there is anything in relation to your year end or tax planning, please do not hesitate to get in touch with our office on 07-5531-1288 or email info@rwgaccountants.com.au


RWG News – March 2024

RWG News - March 2024

 

March News Update

Welcome to our monthly news update for March 2024. 

In this edition we look at FBT and tax traps, take a look at how this affects
electric vehicles, staff travel, and other common FBT traps.

Importantly we also look at the current state of the ATO debt collection regime
and the ATO Debt Dilemma, and the 1 July Super Cap Increase. 

To download your copy please click here to read.

 

As always, if we can be of any further assistance, please do not hesitate to contact us on 07-5531-1288 for further information.