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Superannuation tips for beginners, by our small business accountants in Sydney

When you start working full time, or just started earning your superannuation, it is important for you to take into consideration on how you can maximise it for your retirement. That’s why our small business accountants in Sydney have prepared some tips for people who are beginners at their superannuation.

Whether you are talking to a business accountant or your general accountant, both will say that getting ahead in your superannuation is extremely important. So here are our tips for beginners:

• Make sure you supply your TFN to the super fund
• Combine your super funds if you have separate accountants
• Be sure to do a financial stock take
• Make superannuation contributions from your pay to the fund to avoid some tax
• Check eligibility for co-contribution
• If necessary, check with a financial advisor on how you can improve your fund

Be sure to always stay on top of your superfund and always check in with any changes and your small business accountant can always update you.

So if you have any questions, feel free to contact our small business accountants in Sydney.

 
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