Super Guarantee to Rise to 12% | Your Online BAS & Bookkeeping Specialist!

Super Guarantee to Rise to 12%

Published March 31, 2012 |

By Louise McLoughlin

Superannuation contributions that you currently pay on behalf of your employees are set to rise gradually from the current 9% to 12% by 2020.

The first rise of 0.25 % will occur in the 2013-14 financial year. The super increases can be seen in the following table:

Posted in BAS Agent's Blog, Payroll & Super |

Tagged Employees' Super, Increase to Super Guarantee, Increases to Employers' Costs, payroll, Superannuation Guarantee

Clare Gichard

Thanks, Louise. I haven’t seen this set out to clearly anywhere else.
- Louise McLoughlin
  
  Thanks Clare – I tried to keep it simple!
http://www.e-bas.com.au Louise McLoughlin

Thanks Clare – I tried to keep it simple!