19th April 2022 | Business
From 1 July 2022, you will need to pay super to your 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.
As we move closer to 1 July 2022, check your payroll and accounting systems have been updated so you can correctly calculate your employees’ super guarantee payments. Your digital service provider may be able to assist with further information on how and when they will implement software changes to reflect the new requirements.
We can provide further advice and guidance on this change, including updating our online tools and calculators on 1 July 2022.
To find out more on Tax updates follow our socials
Or to see more of our services and how we can assist with your business. Click Services