MyTaxsolutions

25/02/2026

07/04/2023

Wish U All A Very Happy Easter 2023 to You & Your Family 🐣🐇

05/12/2022

Apply your Director ID to avoid any penalties.

Calling all directors: There is still time to apply for your .

The fastest way to apply is online – get started at www.abrs.gov.au/directorID

17/07/2022

Free first consultation for business client.

$132 for an individual tax return.

Contact us to book an appointment on 0433792626.

18/06/2022

The Fair Work Commission has announced:
• a $40 increase to the National Minimum Wage, which amounts to an increase of 5.2%
• an either 4.6% or $40 per week increase to minimum award wages, depending on the applicable wage threshold.

For anyone not covered by an award or an agreement, the new National Minimum Wage will be $812.60 per week or $21.38 per hour. This increase applies from the first full pay period starting on or after 1 July 2022.

The wage threshold means minimum award wages:
• above $869.60 per week, will receive a 4.6% increase
• below $869.60 per week, will receive a $40 increase.

Increases to award rates will apply from 2 different dates. Most awards will increase from the first full pay period on or after 1 July 2022 while others will increase from the first full pay period on or after 1 October 2022.

We’re working on updating our pay tools with the new rates and will notify subscribers when they’re available.

You can read more about the Fair Work Commission’s decision and subscribe to our email updates here: https://www.fairwork.gov.au/newsroom/news/get-set-for-a-minimum-wage-increase

10/06/2022

Changes to super guarantee!!!!

Employers: Changes to super guarantee start from 1 July and include:
✔️ the super guarantee rate increasing from 10% to 10.5%, and
✔️ the removal of the $450 eligibility threshold. This means employees may be eligible for super, regardless of how much they earn.

To learn more about what these changes mean for you, visit www.ato.gov.au/business/super-for-employers/work-out-if-you-have-to-pay-super/

04/06/2022

$450 monthly threshold removal for super guarantee!!!

Employers: The $450 eligibility threshold for super guarantee has been removed.

This means, as of 1 July 2022, you’ll need to pay your eligible employees’ super guarantee if they earn less than $450 per month.

To help you prepare for this change, we’ll update our guidance, online tools and calculators on 1 July 2022.

For more info visit www.ato.gov.au/Business/Super-for-employers/Work-out-if-you-have-to-pay-super/