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04 MayNews, Complex Individuals, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health, Business Sales Specialists, Hospitality and Tourism, Women in Business

Increase to employer super contribution rate

Increase to employer super contribution rate

The minimum percentage employers are required to pay is set to increase with the next increase to 10% due on 1 July, 2021.

The scheduled increase of the super guarantee rate from 9.5% to 10% on 1 July 2021 is still yet to be officially confirmed by the Federal Government, with Australian Treasurer Josh Frydenberg saying in recent months that a decision will be made in the May 2021 Budget.

Here are the past and present superannuation guarantee rates, as well as the currently legislated future changes to the rate from the Australian Government:

How can Walsh Accountants help you?

Have our team help by calculating your compulsory employer superannuation liability so you know what to expect for the next financial year. Engage our team to have your tax plan prepared before 15 June 2021.

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Walsh Accountants have supported our business from day 1. They have referred a number of valuable clients to us for bookkeeping and they continue to do so.

We have formed a close relationship and work well together as bookkeeper and accountant, which is of great benefit to our clients. We are very impressed by the service our clients have received from Walsh Accountants and have chosen to use Walsh Accountants exclusively as a referral partner.

We have worked with a number of accounting firms, but have unfortunately been let down with customer service and technical knowledge. We can proudly say that Walsh Accountants has never let us down, and have always helped us maintain our excellent reputation.

Walsh Accountants have gone above and beyond for our mutual clients, which is why it was a ‘no brainer’ to engage for our own taxation and accounting requirements.

Adela Spirovska – Deluxe Business Services

Walsh Accountants and their long serving staff are a fantastic support to small business. They speak in a language understandable to everyone while taking a common sense approach, ensuring you have the best possible understanding and knowledge, which they are more than willing to share about accounting for your business.

We work very closely with them to assist in bridging the gap, ensuring an elated relationship all-round. They are markedly boutique in their approach, however very practical in the results they deliver.

Eyes on Business are associated with many of their clients and have built a professional relationship over the last 10 years. We even embrace them as our external accountant.

Walsh Accountants do much more than income tax and are a great organisation to have in your networking banner.

Anita Jakins – Director, Eyes on Business and Client of Walsh Accountants since 2008Director

Walsh have been supporting our small business - an architecture and urban design consultancy - for over five years now, some of which have been the most challenging of our 30+ year history. The professional contributions and genuine personal commitment of the Walsh team can take credit for our resilience during the COVID-19 pandemic, assisting our business to not only survive the current adversities, but to transform and thrive in the future. Understanding how our design-focused practice ticks is one of Walsh Accountants' greatest strengths, enabling her to lead us through a complex web of regulations that are at times overwhelming. One of my favourite expressions- though ironic in this context - is when the total is more than the sum of the parts, and I'd like to personally thank Walsh Accountants by saying, "You really add up for us!"

Amy Degenhardt – Director of degenhartSHEDD architecture + urban design Client since 2015

I have been dealing with Walsh Accountants for over 15 years and have always found the staff not only knowledgeable and professional but extremely personable and courteous which is not always the case with professional firms.

While Walsh Accountants have a very diverse range of expertise. The firm has assisted with advice and support on issues such as Superannuation, Taxation, Corporate Organisation, and general business and franchising advise.  They have been invaluable in finance negotiations which in today's environment is almost a specialty in itself.  I find the partners are accessible to clients and have been more than happy to sit and explain taxation and other issues that have arisen.

I would highly recommend this firm to anyone who requires an accounting firm which offers the expertise of the larger firms with the service of a smaller office.

Colin Purdie – Client of Walsh Accountants since 2004

There is an increasing dilemma where small to medium sized businesses simply aren't important enough on the client register of the big accountancy firms to warrant the personal and skilled attention still available at Walsh Accountants. I suppose you could use the old "big enough to count, but small enough to care" analogy.

They have a broad range of knowledge and experience in house which doesn't often exist in big accountancy firms (in my view), and yet still have the capacity to engage specialists if and when necessary. It's the perfect arrangement.

Our experience with them has endured for over 40 years. They know our business needs and exceed our expectations. They have a great accounting team

Greg Miscamble – Client of Walsh Accountants since 1978

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