If you are an employer in Australia, you have a legal obligation to pay a minimum amount of superannuation for your eligible employees. This is called the super guarantee (SG), and it is currently 11% of your employees’ ordinary time earnings. The Super rate...
Introduction As the new financial year approaches, it’s essential to stay informed about the latest changes to the Super Guarantee (SGC) rates. Effective from July 1, 2023, the SGC rate is set to increase from 10.5% to 11%. This is another crucial step in the...
The Fair Work Commission of Australia has announced the introduction of a new paid family and domestic violence leave. The leave is intended to support employees who have experienced or are experiencing family and domestic violence. Eligible employees will be entitled...
June is now upon us, and that means many things – Tax planning, finishing off the years bookkeeping and much more. This year however, there will be major changes to super guarantee which will require changes to the way that super is paid. Up until now super...
Just a short blog post to make sure that businesses don’t fall into the trap of thinking that their quarterly Superannuation Guarantee isn’t due, just because the post Xmas/New Year BAS has an additional month until it is due. 28th January 2022 –...
By 27th September 2021, all employers with 15 or more employees, will need to assess whether existing casual employees (employed before 27th March 2021), are eligible to be offered to convert to permanent employment. Employers will be required to either make a written...
