Calculating your employees’ SG contributions? The rules to help get it right
Working out the right SG contributions for your employees can be confusing, but if you learn the rules there shouldn’t be any problems with the tax man.
Employers guide to super
Set out below are the latest articles that relate to employers guide to super.
Checklist for employers: 7 tips to help you master your super responsibilities
Getting the details right when it comes to paying employees’ super can be tricky, so use our 7-point checklist to ensure you meet your super obligations.
Claiming a tax deduction for your employees’ super: What are the rules?
Tax deductions are a valuable sweetener for employers when making super contributions for their staff, but which payments can you claim?
Employee super contributions for the self-employed and micro businesses
If you’re self-employed it’s easy to forget about super, but making contributions for employees and to help pay for your own retirement shouldn’t be overlooked.
Super Guarantee Charge for employers: What is it and what are my options?
Failing to make your quarterly SG contributions on time and to the right fund will leave you with a Super Guarantee Charge bill, which can be expensive.
Employer’s guide to Superannuation Guarantee contributions: Which employees are eligible?
Working out which employees are eligible for SG contributions can be tricky. Employers often think they know, but the ATO can have different ideas.
How redundancy and retirement impact your employees’ super
Working out termination and super payments for a departing employee can be confusing, but be careful not to provide them with financial advice.
How to create effective salary sacrifice arrangements with your employees
A salary sacrifice arrangement with your employee needs to meet certain rules if you want to avoid problems with the ATO later on.
Are you paying your super contributions on time? Deadlines for employee contributions
When you make super contributions for your employees, ensure you pay by the deadline – or risk having to pay a penalty to the ATO.
Are you meeting your employer super obligations: What are the penalties?
Failing to report and pay your SG obligations can result in hefty penalties from the ATO, so ensure you meet your quarterly responsibilities.
How do reportable employer super contributions (RESC) work?
As if employers don’t have enough to do, they also need to notify the ATO of any reportable employer super contributions they make for their employees.
Choosing a default fund for your employees
When you make SG contributions, some of your employees won’t have a super fund, so it will be up to you choose a default super fund for them.
Quiz: Employer super responsibilities
Take this 10-question quiz to test your knowledge on the superannuation responsibilities for employers.
Employee or contractor for super purposes? How to tell the difference
Employers generally don’t pay super for contractors, but it’s tricky to work out how they differ from employees. Here’s some rules to help you understand the difference.
How to keep good records for your employees’ super contributions
Keeping good records is essential for meeting your employees SG obligations. Check our tips that outline what you need to know, and which records to keep in case of an audit.
