For Employers, if you pay an employee $450 or more before tax in a calendar month, you have to pay super on top of their wages.

The minimum amount Employers must pay is called the super guarantee (SG):

• the SG is currently 9.5% of an employee’s ordinary time earnings
• you must pay the SG at least four times a year, by the quarterly due dates
• you must pay and report super electronically in a standard format, ensuring you meet SuperStream requirements
• your super payments must go to a complying super fund – most employees can choose their own fund

If you don’t pay an employee’s super on time and to the right fund, you must pay the superannuation guarantee charge (SGC) and lodge an SGC statement to us. The SGC is not tax-deductible.

We can help businesses navigate the complex superannuation laws, report and rectify the missed payments by lodging SGC statements and help with negotiating payment arrangements with the Australian Taxation Office.