Life Interests Testamentary Trusts

SUPERANNUATION GUARANTEE CHARGE (SGC) CONTRIBUTIONS FOR EMPLOYEES

Don’t forget to lodge and pay your quarterly SGC payments by 28 July 2022 if you have not already done so.

In addition, from 1 July 2022 the rate of employee SGC contributions has increased to 10.5% of ordinary time earnings (OTE).  The $450 per month eligibility threshold has also been removed.

Please ensure your payroll software is up to date for these changes.

Click on the link below to find out more:
https://www.ato.gov.au/Business/Business-bulletins-newsroom/Employer-information/Get-ready-for-super-changes-from-1-July/

 

The content within these articles was correct at the time of writing. Please contact us for updated information and advice. 

We provide accounting and wealth management services to clients in Woodend, Gisborne and Macedon Ranges areas within Victoria Australia.

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