Join ABN
Or Call 1300 856 710

Latest News

All the latest news and events from the Bookkeeping Industry
Back to listing
Date: 09 Apr 2019
Category: ABA

The superannuation guarantee legislation is currently before parliament

ABA Tech Talk

The superannuation guarantee legislation is currently before parliament subject to change… Currently employers can legally pay the superannuation guarantee (SG) on an employee reduced salary, meaning salary post salary sacrifice. Whilst this may be morally wrong, it is legally acceptable pending change.

Have you been following these changes?

Read more:

https://www.ato.gov.au/…/superannuation-guarantee---salary…/

Proposed new law currently before Parliament, will protect employee Super Guarantee entitlements in the event that they salary sacrifice. If you handle client payroll, are you aware of this proposed change?

Read more:

https://www.ato.gov.au/…/superannuation-guarantee---salary…/

https://www.austbook.net/gettingtechnical

Click here to subscribe