top of page

Employer Super

New super guarantee payment rules to come into effect

The ATO has reminded employers that from 1 July 2022 they will need to pay super for employees, regardless of how much they pay them. This is because the $450-per-month threshold for super guarantee (SG) eligibility is being removed. However, workers who are under 18 still need to work more than 30 hours in a week to be eligible. The ATO also emphasised that an employee’s eligibility for SG is determined by when they are paid salary and wages, not when they earn the income. This means, if they pay an eligible employee on or after 1 July 2022, the new rules will apply to the full amount, regardless of whether some or all of the pay period it relates to is before 1 July.

4 views0 comments

Recent Posts

See All

Real Estate Workers If you work as a real estate salesperson or rental manager, some of the tax deductions you may be able to claim on your personal tax return are: Meals and Travel The cost of buying

Meals and Travel The cost of buying meals when you work overtime, provided you have been paid an allowance by your employer (you can claim for your meals without having to keep any receipts, provide

bottom of page