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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
