Currently, any taxable entity can deduct SIC and GIC charges from their income. However, a federal government working group is planning to change that.
Employers will have to lodge super contributions into funds sooner under payday super reform changes from July 1, 2026, or face extra charges and penalties.
Currently, any taxable entity can deduct SIC and GIC charges from their income. However, a federal government working group is planning to change that.