Superannuation

Business Tips, Ideas & Support Articles

Graphic showing the hidden cost of ATO compliance
Accounting

Think the ATO Won’t Notice? Here’s the Hidden Cost of Compliance Slip-Ups

Let’s be honest – keeping up with compliance isn’t exactly the most exciting part of running a business. But ignoring it? That’s where the hidden cost of ATO compliance really kicks in – and it can hurt more than you realise. But it is one of the most important. And when it falls off the priority list? That’s where the real trouble starts. At Inline Partners, we’ve worked with hundreds of businesses navigating the ups and downs of growth – and this is something we see far too often: Superannuation isn’t paid on time (or sometimes not paid at all) Clients

Superannuation

How to boost your superannuation savings

Boost your superannuation savings Many people see their superannuation as money they only need to think about when retirement approaches. However, this shouldn’t be the case. Whether you’re self-employed or working for a company, making good financial choices about your superannuation will help you maximise your savings and live out your dream retirement. Disparities in Australia Unfortunately in Australia, those who are self-employed tend to track behind when it comes to superannuation. In fact, data from the Association of Superannuation Funds of Australian (ASFA), shows that about 20 per cent of the self-employed population have no superannuation, compared with only eight per