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