Question: Case Study - part 2 Anthony's business, Go Golfing has grown exponentially, which is great. However, it has caused some complexities for his business as

Case Study - part 2 Anthony's business, Go
Case Study - part 2 Anthony's business, Go Golfing has grown exponentially, which is great. However, it has caused some complexities for his business as he now employed an administration officer to organise bookings and changed his business structure to private company. Compliance issue 1: Meeting superannuateon requirements After two weeks of commencing their role as an administration officer, they have come to you enquiring about their superannuateion. This has not been done by the business and you are requested to fix up this problem. Anthony is very concerned about this omission and wants to consult with you regarding this matter. Anthony has drafted what he thinks are the correct procedures and wants the policy checked for accuracy. These are the current procedures in place to meet this compliance requirement. Go Golfing current procedures to pay superannuateon contributions: Provide a choice of super funds to eligible employees. Pay at least the minimum 9.50% contribution amount of the earnings base Pay super contributions for eligible employees Keep records of super contribution payments

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!