Changes to Superannuation Payments ‘Payday Super’ commences 1 July 2026
Changes to superannuation payments ‘Payday Super’ commences 1 July 2026
Changes to Superannuation Payments ‘Payday Super’ commences 1 July 2026 Read More »
General
Motor Vehicle Allowance Tax Variation 2025-2026
Each year REEF makes an application to the Australian Tax Office seeking a variation so that REEF members can pay their employees the relevant award-based motor vehicle allowance without having to deduct PAYG withholding tax.
Motor Vehicle Allowance Tax Variation 2025-2026 Read More »
Superannuation rate increases to 12% on 1 July 2025
The compulsory employer superannuation rate will increase from the current 11.5% to 12% on 1 July 2025. This means from 1 July 2025 employers will be required to make superannuation contributions on behalf of employees at the rate of 12% of the employee’s “ordinary time earnings”.
Superannuation rate increases to 12% on 1 July 2025 Read More »
Closing at Christmas? Stay compliant and plan ahead
If you are intending to close your agency doors – even for as little as a few days – and require employees to take annual leave, then it’s time to start planning.
Closing at Christmas? Stay compliant and plan ahead Read More »
Motor Vehicle Allowance Tax Variation 2024-2025
Each year REEF makes an application to the Australian Tax Office seeking a variation so that REEF members can pay their employees the relevant award-based motor vehicle allowance without having to deduct PAYG withholding tax.
Motor Vehicle Allowance Tax Variation 2024-2025 Read More »
Superannuation rate increases to 11.5% on 1 July 2024
The compulsory employer superannuation rate will increase from the current 11% to 11.5% on 1 July 2024. This means from 1 July 2024 employers will be required to make superannuation contributions on behalf of employees at the rate of 11.5% of the employee’s “ordinary time earnings”.
Superannuation rate increases to 11.5% on 1 July 2024 Read More »
REEF Committee of Management election for 1 casual vacancy
REEF’s success is in no small part due to the commitment and guidance of the Committee of Management who give their time on a voluntary basis. Due to a recent resignation, there is currently 1 casual vacancy.
REEF Committee of Management election for 1 casual vacancy Read More »
Motor Vehicle Allowance Tax Variation 2023-2024
Each year REEF makes an application to the Australian Tax Office seeking a variation so that REEF members can pay their employees the relevant award-based motor vehicle allowance without having to deduct PAYG withholding tax.
Motor Vehicle Allowance Tax Variation 2023-2024 Read More »
New Minimum Award Rates of Pay as from 1 July 2023
Minimum award rates of pay will increase by 5.75% as from 1 July 2023
New Minimum Award Rates of Pay as from 1 July 2023 Read More »