Superannuation

SG Payments and Your Employees – What You Need To Know

October 4, 2022

Super Guarantee Payments The superannuation payment to your employees must be made, otherwise, stringent penalties can be imposed that are more financially damaging to your business than simply paying their superannuation. Eligible employees must be paid their minimum superannuation of 10.5% of their ordinary time earnings (OTE). By 2025, this is predicted to increase to …

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