Super Guarantee Charge
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
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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 😊
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Did you ring the ATO?
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Why are getting award information from complete strangers who won't be accountable if you get it wrong? And thanks for your question.
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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 🙄
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Clearly I tend to be a bit more conservative about interpreting awards.
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