June 2022 | VOLUME 168
KSW Newsletter for clients and associates of Kreston Stanley Williamson
What should employers be doing pre and post year end!
June is here and now is the time for all employers to start preparing for the end of financial year. In doing so, are you aware of the changes related to STP finalisation, Superannuation and Single Touch payroll? Or what you need to do before and after 30 June as an employer?
Our full article here lists the upcoming changes you should be aware of and what you may need to do in preparation for 30 June to ease your business into the new financial year.
Superannuation contribution changes from 1 July 2022
There are several key superannuation contribution changes that will come into effect from 1 July 2022 which may impact your ability to contribute to your superannuation fund. These changes will create opportunities for all superannuation fund members, young and old, to grow their retirement savings.
Our full article here explains what will change and how you can benefit from them.
Proposed FBT exemption for electric vehicles
Electric vehicles are set to become a lot more affordable if the Australian Labor Party’s EV policy comes into effect from 1 July 2022 as promised in the lead up to the May 2022 election.
If you’re planning a new car purchase, and an electric vehicle is of interest to you, see our full article here as we explain the proposed FBT exemption policy for electric vehicles and the applicable financial benefits.
2022 End of Financial Year (EOFY) reminders for your SMSF
With just a few more weeks until we see out yet another financial year – have you reviewed your SMSF minimum pension requirements or your contribution caps?
Our full article here includes detailed reminders to assist you in ensuring your SMSF is ready for 30 June 2022.
Estate Planning Web Event
One element that gets neglected in a financial plan is estate planning.
Dean Holmes and Chris Tsiolis will be hosting a web event on Estate Planning on 13 July to discuss the importance and ease of updating your estate plan.
Event Date: 13 July 2022
Event Time: 12.30pm
Run Time: 30mins + 15mins for Q&A
“When we strive to become better than
we are, everything around us becomes better too.”
This newsletter has been produced by Kreston Stanley Williamson as a service to its clients and associates. The information contained in the newsletter is of general comment only and is not intended to be advice on any particular matter. Before acting on any areas contained in this newsletter, it is imperative you seek specific advice relating to your particular circumstances. Liability limited by a scheme approved under Professional Standards legislation.