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Employee super contributions for the self-employed and micro businesses

For most businesses, managing employee super is simply a matter of learning the rules around the Superannuation Guarantee (SG) and making the right contributions for your employees.

But if you’re self-employed, in a partnership or running a small business that’s not incorporated, you need to take a closer look at your super arrangements.

Even if the rules don’t require you to make super contributions, it’s important to think about how you will fund your retirement when the time comes and whether the tax deductions make contributing worthwhile.

Managing employee super

1. Company structure

If you’re self-employed but operate your business under a company or incorporated structure, each quarter you are required to pay the normal SG contribution for any eligible employees – including yourself.

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