Superannuation Guarantee: 10 facts about your SG entitlements
If you work as an employee, and you satisfy certain minimum requirements, your employer must pay Superannuation Guarantee (SG) contributions on your behalf, to a super fund.
Upper limit on SG contributions
Q: Can you please advise the 2010/2011 cap on earnings for the maximum superannuation contributions base?
What is the maximum contribution allowed for $271,000 salary?
Q: I’ve just turned 59, and I’m thinking of retiring before I turn 60. I would like to know whether I would have to pay tax on my superannuation.
Super rates and thresholds for the 2011/2012 year
The ATO has released the contributions caps for the 2011/2012 year – again, no change from the 2010/2011 year caps. The ATO has also released other updated superannuation rates and thresholds, including the co-contribution income thresholds, for the 2011/2012 year.
Superannuation Guarantee: What is the maximum SG that my employer must pay?
Q: I am earning a salary of $271,000 including super. I am aged 42 and I understand a maximum contribution level applies based on a 9% SG contribution, before the balance up to a $50K limit must be made on a salary sacrifice basis.
Super rates and thresholds for the 2010/2011 year
The ATO has released the contributions caps for 2010/2011 year – no change from the 2009/2010 year caps I’m afraid. The ATO has also released other updated superannuation rates and thresholds for the 2010/2011 year…
Super rates and thresholds for the 2009/2010 year
New super rates and thresholds now available. The ATO has released updated superannuation rates and thresholds for the 2009/2010 year. The main caps, rates and thresholds are listed below.
