• Tax Angel - Debbie

Employer Super

New super guarantee payment rules to come into effect

The ATO has reminded employers that from 1 July 2022 they will need to pay super for employees, regardless of how much they pay them. This is because the $450-per-month threshold for super guarantee (SG) eligibility is being removed. However, workers who are under 18 still need to work more than 30 hours in a week to be eligible. The ATO also emphasised that an employee’s eligibility for SG is determined by when they are paid salary and wages, not when they earn the income. This means, if they pay an eligible employee on or after 1 July 2022, the new rules will apply to the full amount, regardless of whether some or all of the pay period it relates to is before 1 July.

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