Changes on superannuation guarantee
From 1 July 2022, employers will need to pay super to their employees who earn less than $450 per month, provided they meet other eligibility requirements.
This change expands super guarantee eligibility so that employees can receive super regardless of how much they earn.
What do you need to do?
Check that the payroll and accounting systems have been updated to calculate your employees’ super guarantee payments correctly.
Kingsman accountants can assist with further information on how and when they will implement software changes to reflect the new requirements.
Kingsman can help you with your Superannuation guarantee issues. Please Contact us for more details.
+61 2 8011 4699