Carry-forward contributions: the new rules for additional super contributions

Understand how these new super laws can be part of your new tax minimisation strategy New super laws kicked off in July 2020 that changed super accounting rules in Australia. These are known as carry-forward contributions. In this blog, we discuss what they are, and what they mean for your superannuation. What are carry-forward contributions? Carry-forward concessional contributions have previously been known under a different name: catch-up contributions. First announced in

Business Support Fund - Third Round of Business Support Fund Grants from Victorian Government

$10,000 to $20,000 grants to support businesses The Victorian Government has announced a third round of the Business Support Fund to provide direct financial support to businesses impacted by restrictions in Victoria. Grant applications open on Friday 18 September 2020. The amount of grants available from this program range from $10,000 to $20,000 depending on the business’ annual payroll. To be eligible for a grant from this program, applicants must: operate a business locat