SGM & Tax and Super Tips

Spence Club hosted its inaugural Special General Meeting (SGM) alongside a deep dive into the intricacies of tax and superannuation.

PKF, Adelaide CBD

Jumping back to May 2021 (just outside of the2021/2022 financial year), we wanted to highlight our action-packed evening that was the Spence Club's inaugural Special General Meeting (SGM) alongside a deep dive into the intricacies of tax and superannuation.

The SGM facilitated a constitutional vote on anumber of items that the Board of Directors felt were no longer in keeping withthe direction of the Club and its members.

The largest change proposed (and successfully passed!) was the removal of an age bracket. Spence Club was originally founded to assist in the development of early career women in South Australia. However,as the Club has evolved and found its niche in South Australia, the Board felt that it was in the interest of all members to remove this limit and allow for women of any age, expertise or experience to join - a decision the membership base overwhelmingly supported.

The other changes related to the membership payment schedule, replacing financial year memberships with yearly memberships starting at any time to assist members in getting their full value from the Club.

The tax and superannuation aspect of the night was an absolute eye opener on how to maximise your taxation returns whilst minimising unnecessary losses along the way. We were very lucky to be joined by the dynamic duo, Antoinette Tatarelli and Nicole Peterson of PKF Adelaide who showed us the ropes and hosted us at their beautiful CBD office.

A big thank you again to Howard Vineyard for their wine sponsorship and speaker gifts at this event.


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