ATO Updates

Superannuation Guarantee Rate Increases

By October 3, 2014 November 27th, 2019 No Comments

The Superannuation Guarantee rate will gradually change, an increase from 9% to 12% between 1 July 2013 and 1 July 2019.

The next 7 years of superannuation guarantee rates

In addition to the increase in the Superannuation Guarantee the aged limit will be removed from 1 July 2013. This means that employers will be required to contribute to complying super funds of eligible mature aged employees 70 years and older in accordance with the new rates.

 

HTA

HTA

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