The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area



Syndicate
RSS/XML


RSS 2.0

Main Articles General

Sign In      Register

The Forum > General Discussion > Super, finnaly a comon sense approach to how it's paid.

Super, finnaly a comon sense approach to how it's paid.

  1. Pages:
  2. Page 1
  3. 2
  4. All
Having been a long term critic of red tape on small business, it appears all the complaints have finally found their mark, and super can now be paid to one central account, then distributed by the controllers to the designated recipient.

Bravo to who ever made this happen.
Posted by rehctub, Tuesday, 14 June 2016 11:33:40 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Dear Rehctub,

Yes, this is an improvement - but why have super in the first place?

That same money could instead be given to the recipients directly as part of their wages, then they are in a better position to decide themselves whether and how to save or invest it: no need for the middle-man.
Posted by Yuyutsu, Wednesday, 15 June 2016 12:20:33 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Y, I couldn't agree more, but it is assumed these people are incapable of looking after themselves, so the burden, until, now, has been passed on to the unpaid employer.

Next should be income tax, where everyone gets paid every cent they earn, then a small transaction tax would be withdrawn once their wages transfer from my account into theirs.

The day is coming, but i'm afraid it may be too little too late when it finally arrives.
Posted by rehctub, Wednesday, 15 June 2016 7:08:10 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
That move was done so checks and balances from employers can be monitored. Not all employers are trustworthy or honest about their employees super.
Posted by 579, Wednesday, 15 June 2016 8:17:47 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
579, you may well be right as I know a few that refuse to pay super, and although I do pay mine, each month for cash flow reasons, I have made errors simply because employees decide to change their fund.

In any case if it takes bad employers to see a change, then so be it, because either way its a step forward for small business owners and one less unpaid task we have to perform.

Bravo I say!
Posted by rehctub, Wednesday, 15 June 2016 10:57:46 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Rechtub. 'Next should be income tax, where everyone gets paid every cent they earn'.

You wouldn't get paid as much as you do if you didn't pay income tax. Salaries and wages have been set (or evolved over the years) on the premise that you will be paying income tax. If there was no income tax you wouldn't be 'earning' as much.

For example, the tax-free threshold for individuals is $18,200 and the national minimum wage is $656.90 per 38 hour week (before tax) (Fair Work Ombudsman website) - a bit over $34,000 pa. If there were no tax-free threshold, the minimum wage would certainly be higher to provide the equivalent amount to live on.
Posted by Cossomby, Wednesday, 15 June 2016 1:05:49 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. Page 1
  3. 2
  4. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy