Description
Please note:- Online webinar only
This webinar covers aspects superannuation applicable to employers and employees. The focus is on concepts, obligations and responsibilities from an employer's perspective when engaging and remunerating employees. Superannuation obligations for contractors is also covered, as are details of the October Federal Budget.
Comprehensive course notes are provided, and an ample quesion and answer session.
Our presenter is the highly credentialled Dr Peter Klomp, Chartered Accountant, Chartered Tax Advisor, Barrister and Chartered Company Secretary. Probably the most qualified and experienced person in this field anywhere in Australia.
Basic Concepts of Superannuation
Basic Super'n Fund - What Is It? What Does It Do? Accumulation & Defined Benefit Funds, RSAs, SMSFs. Superannuation Rules and Regulations.
Employer Contributions and Super'n Guarantee
Superannuation Guarantee + Employees and Contractors. Definition and Problems with Ordinary Time Earnings. Underpayments and Overpayments of Super'n.
Federal and State Choice of Fund Rules
Choice of Fund under FWA (Cth) and State Differences. Legally Accepting and Rejecting Employee Choice. Default Funds and MySuper, Single Touch Payroll.
Salary Sacrifice, Salary Packaging + FWA
Aust Taxation Office Salary Sacrifice Ruling TR 2001/10. Types of Bonuses and Back Pay – What Can Be Done?. Sacrificing Limits and Govt Government Co-Contributions. Changes to Ordinary Times Earnings That Fail to Take Into Account Salary Sacrificed Fringe Benefits.
Reportable Superannuation on EISs/Single Touch
Latest Legislative and ATO Requirements for 2021. What Exactly Does "Employee Influence" Mean? The Problem with Total Employment Packages.
Taxation Aspects of Contributions and Funds
Personal and Employee Spouse Contributions. Co-Contributions, Tax Deductions and Tax Rebates. Latest Contribution Caps + Averaging Contributions.
Superannuation Payout on Retirement or Termination
Latest Rules on Employer and Super Fund Payments. Updated Thresholds and Persons Above + Below Age 60. Departing Australia and Superannuation Portability.
Federal Budget 2020 Announcements
Advice on the Proposed Budget Announcements. Questions and Answers
Presenters
Dr Peter Klomp
Dr Klomp is a probably the most highly qualified and experienced person in this field. He holds four university degrees, is a practising barrister at the NSW Bar, a registered legal practitioner in three states, a Chartered Accountant, a Chartered Taxation Adviser and a Chartered Company Secretary. Dr Klomp is a member of the NSW Bar Association; CA (Aust & NZ); Institute of Chartered Secretaries (Governance Australia) and the Tax Institute of Australia. Dr Klomp has had 40 years' experience in employment, business and taxation law in Australia and overseas, and is in constant demand to provide professional advice and speak at seminars and conferences.
Terms & Conditions
AISWA Professional Learning - Webinar PL Event
Detailed Webinar event T&Cs here. Below is an overview only.
Webinar event conditions
- Attendance/access: For a paid AISWA-hosted webinar, only registered pre-paid users will be provided with access details. The school of any member attendee can access attendance data.
- Free public webinar: For a free AISWA-hosted webinar, the link is in the public domain and can be shared. Fully registered members (via the AISWA website) will have PL attendance recorded.
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- Attendee swaps: This is acceptable. The organiser must be notified. There are conditions.
- IT Acceptable Use Policy: Compliance with this policy for the use of the AISWA Teams platform and AISWA website is required.
- Payment Conditions: Price includes GST. All transactions are cashless. Registration is confirmed when payment is received.
- Cancellation: Cancellation is without charge up to the Cancellation Permitted date. Cancellations via this website. Late cancellations or failure to attend will incur full cost. Please refer any issues to the Event Organiser. AISWA retains the right to cancel a webinar. Attendees will be notified by email. Payments already received will be refunded.
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Segments
Webinar Event
Date / Time
13 Oct 2020 Starts: 08:00 Finishes: 11:00Delivery Format : Webinar