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Super Guarantee Charge

1312029
1312029 Member Posts: 22

Hi my friends,

I am just confirming with the community if the SG charge is now 10% effective from pay runs from 01.07.21/


Thank you

Lilani

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 2,155 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited July 2021

    Yes, that's correct Lilani - The "SG Charge" is actually a penalty on late Super but if you're referring to the compulsory employer Super Guarantee that was previously 9.5%, RAH (& RA & R1) will update the percentage rate automatically for you on Paycheques dated from 01/07/21 😊 

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015) * ICB-Certified Bookkeeper * Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

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    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Acctd4
    Acctd4 Accredited Partner Posts: 2,155 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited July 2021

    Why would you need to ring the ATO ???

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015) * ICB-Certified Bookkeeper * Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Acctd4
    Acctd4 Accredited Partner Posts: 2,155 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    It's nothing to do with Awards (?) - The SG increase is due to the change in national legislation & this information is freely available so asking a question in this forum just confirming that's the case, hardly equates to needing "accountable" advice 🙄 

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015) * ICB-Certified Bookkeeper * Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)