Employer News - BUSSQ

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Federal Budget 2017/2018
The 2017 Federal Budget included some significant changes to superannuation, some of which are outlined below. It is important to remember that all changes are proposed, unless stated otherwise.
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Have you heard of Single Touch Payroll?
Single Touch Payroll (STP) is a new reporting process the Australian Taxation Office (ATO) is introducing for employers with 20 or more employees.
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Changes to legislation coming soon
The Government has made some changes to super legislation that will come into effect on 1 July 2017. If you think any of the below changes may affect you or your business, we can help.
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Late payment of super
As an employer, it is important that you fulfil your legal responsibilities regarding your employees superannuation.
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Apprentice and trainee super obligations
Apprentices and trainees are considered employees for super purposes. This means that if your business engages an apprentice or trainee, you will need to treat them as an employee and meet the require ...
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Reporting super contributions on PAYG statements
Employers need to report on certain superannuation payments if they make them on behalf of employees.
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Claiming a tax deduction
Did you know that employers can claim a tax deduction for superannuation payments they make for employees, in the financial year they make them?
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Limits on super contributions
There are two types of contributions that can be paid into superannuation accounts. These are concessional and non-concessional contributions.
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BUSSQ offers flexible insurance for members
Did you know that your employees who join BUSSQ get automatic Death & Total and Permanent Disablement cover?
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Separating SuperStream fact from fiction
There is a lot of ambiguous and misleading information circulating in relation to SuperStream.
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Is your Enterprise Bargaining Agreement (EBA) up for renewal?
Are you in the process of renegotiating or renewing your EBA? The terms of an EBA can change.
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Different contribution types
As an employer there are various types of contributions that you should be aware of such as salary sacrifice contributions and member voluntary (after tax) contributions.
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BUSSQ is back in Queensland EBA's
Did you know that BUSSQ is a nominated and endorsed super fund in Queensland EBA’s?
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Remember to provide us with your new employees email address
When registering a new employee in EmployerAccess it’s important you provide us with their email address.
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Paper contributions are a thing of the past
As of 1 March 2015, BUSSQ no longer provides employers with paper contribution returns.
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Get ready for SuperStream
Are you confused with all the information you are receiving about SuperStream legislation? BUSSQ can help!
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SuperStream requirements for SMSF's
Your SuperStream requirements for SMSF's
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Choice of superannuation form
The ATO has released a new version of the Superannuation Standard Choice Form.
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New Superannuation Guarantee table
In September 2014, the Government ‘froze’ the superannuation guarantee rate at 9.5% for seven years.
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Workplace visits
We're here to help you.
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BUSSQ takes privacy seriously
You may have heard about the allegations that have been made against CBUS recently about sharing members’ personal information and breaching privacy laws.
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