EP 12 | Hiring, Super Contributions & Property in an SMSF

09/11/2023 33 min

Listen "EP 12 | Hiring, Super Contributions & Property in an SMSF"

Episode Synopsis

In this episode of Solve to Evolve, join Phil, Bloxy, and John as they delve into the intricacies of the Australian business landscape. From the challenges of hiring employees to navigating the pitfalls of late or unpaid super guarantee payments, and exploring the realm of self-managed super funds and commercial properties, our hosts have got you covered.

Chapters
00:00 Introduction
01:41 Issues in the Employment System and Responsibilities of Employers
05:28 Determining Employee Pay: Super, WorkCover, Annual Leave, Payroll Costs
10:34 ATO's Crackdown on Late Super Guarantee Payments
16:42 Ensuring Super Payments on Time: Monitoring Liabilities and Good Processes
18:51 Importance of Paying Employee Obligations to Avoid Personal Liability
20:56 SMSFs Holding Commercial Properties for Specific Business Needs
28:55 Matching assets to Pension Obligations is Crucial
31:21 Difficulty in Finding Business Tenants for Commercial Properties