With the holiday season fast approaching, employers are reminded that many holiday casuals may now be eligible for super.
From 1 July 2022, employers need to pay super for employees at a rate of 10.5%, regardless of how much they are paid, because the $450-per-month threshold for super guarantee eligibility has been removed.
This change doesn’t affect other eligibility requirements for SG, e.g., workers who are under 18 still need to work more than 30 hours in a week to be eligible.
We recommend checking that your payroll and accounting systems are up to date so they are correctly calculating employees’ SG payments.
Robinson Voss Partners can provide further information and support regarding holiday employees if needed, and we welcome you to contact us to find out more. Phone our team on 03 9708 8801 or email email@example.com..
Please Note: Many of the comments in this publication are general in nature and anyone intending to apply the information to practical circumstances should seek professional advice to independently verify their interpretation and the information’s applicability to their particular circumstances.
The information contained within this document is of a general nature only and neither represents nor is intended to be personal advice on any particular matter. Robinson Voss Partners (RV Partners) strongly suggests that no person should act specifically on the basis of the information in this document, but should obtain appropriate professional advice based on their own personal circumstances.