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If you have an adjusted taxable income of $37,000 or less in a year, you may be eligible to receive a boost to your super of up to $500 a year.The low income super contribution (LISC) is a government super payment of up to $500 per financial year to help low income earners save for their retirement.

From 1 July 2013 employers across Australia will have new super guarantee obligations under a range of government reforms that are being implemented from 2013 to 2019. From 1 July 2013 employers must increase the minimum rate for super guarantee payments on behalf of their employees from 9% to 9.25%.

As in previous years, the Australian Taxation Office (ATO) has stated that their offices will be closed during the Christmas-New Year holiday period from Friday 21 December 2012 to Wednesday 2 January 2013. You will still be able to lodge returns during this period, however returns