Superannuation Guarantee Contributions Increased
Thursday, 22 July 2021
Posted By AICNSW
Under Australia’s Superannuation Guarantee (SG) laws, employers are required to pay a set percentage of superannuation into each eligible employee’s super fund, on top of their standard wages or salaries. From 1 July 2021, SG rates increased from 9.5 percent of ordinary time earnings to 10 percent. The SG rate is scheduled to continue to
- Published in Business
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superannuation