If you haven't met your obligations, you must lodge
a superannuation guarantee charge statement by the due date and pay the super guarantee charge to us.
If the company doesn't pay the super on time to a complying fund or retirement savings account, they will have to lodge
a superannuation guarantee charge statement and pay the charge to us.
You can use
our Superannuation guarantee (SG) contributions calculator to work out how much super you must contribute for your eligible workers.
You may receive more calls from employers seeking information about SuperStream compliant payment methods for the 28 April
superannuation guarantee payment deadline.
There is a minimum amount of super that your employer must contribute to your super fund each year, known as
the superannuation guarantee contribution (SGC).
Like your employer
superannuation guarantee (SG) contributions, salary sacrificed contributions are taxed at a rate of 15 % when they are received by the fund.
TAFE teacher Andrew explains
the Superannuation Guarantee system, what money goes into your super and who should be paid super.
Calculations are based on the minimum amount of super your employer must pay on your behalf, known as
the Superannuation Guarantee Contribution (SGC).
Make sure you know the amount your employer must pay you under
the superannuation guarantee.
If you send an Australian employee to work temporarily in the United States, you must continue to pay
superannuation guarantee contributions in Australia for them.
We confirm that where an employer has made a payment to the SBSCH by the quarterly due date they are considered to have met their obligations under
the Superannuation Guarantee (Administration) Act 1992.
The applicant requested information about audits of companies including steps taken regarding
superannuation guarantee compliance.
If you send an Australian employee to work temporarily in Croatia, you must continue to pay
superannuation guarantee contributions in Australia for them.
Information published includes the decision letter, how to report unpaid
superannuation guarantee and ATO processes for investigating these reports.
When lodging your online DASP application, if your super money was held by us, your application would have shown «Payment of unclaimed superannuation money», «
Superannuation guarantee» or «Superannuation holding accounts reserve» instead of the super fund name.
If you send an Australian employee to work temporarily in Switzerland, you must continue to pay
superannuation guarantee contributions in Australia for them.
As a general rule they are used as the basis for measuring the level of employer super contributions under
the Superannuation Guarantee (Administration) Act 1992.
See further
Superannuation Guarantee Ruling SGR 2009/1
Superannuation guarantee: payments made to sportspersons
The definition of «salary or wages» is relevant in calculating
the superannuation guarantee shortfall of individual employees where their employer has not provided the required minimum level of superannuation support.
The following diagram illustrates how the concepts of «salary or wages» and OTE interrelate in relation to an individual
superannuation guarantee shortfall calculation.
The meaning of the phrase OTE is therefore relevant in determining whether an employer has satisfied
their superannuation guarantee obligations in relation to an eligible employee.
Conversely, the meaning of «salary or wages» is relevant to calculating the individual
superannuation guarantee shortfall in a quarter where the employer has not provided, for the benefit of that eligible employee, superannuation contributions to the prescribed percentage of that employee's OTE.
«An increase in
the Superannuation Guarantee to 12 per cent will deliver substantially more adequate outcomes for individuals and households,» Vamos said.
Not exact matches
The results shown are not
guaranteed to occur and should not be relied upon as a true representation of any actual
superannuation contributions or taxation.
Individuals with a terminal medical condition are now allowed to make a direct claim for ATO - held entitlements in super
guarantee,
superannuation holding account special account or unclaimed super money accounts.
Individuals with a terminal medical condition (TMC) can now make a direct claim for their ATO - held entitlements in super
guarantee (SG),
superannuation holding account special account (SHAsa) or unclaimed super money (USM) accounts.
LIC New Group Leave Encashment Plan and Kotak Secure Return
Superannuation Plan Benefits also includes
guaranteed surrender value and bonuses if applicable.
Max Life Group Gratuity Premier Plan and Metlife
Superannuation Benefits also includes
guaranteed surrender value and bonuses if applicable.
SBI Life Sampoorn Suraksha and Kotak
Superannuation Group Plan - II Benefits also includes
guaranteed surrender value and bonuses if applicable.
Future Generali Group
Superannuation Plan and Kotak Term Plan Benefits also includes
guaranteed surrender value and bonuses if applicable.
ICICI Pru Group
Superannuation and DHFL Pramerica Pradhan Mantri Jeevan Jyoti Bima Yojana Benefits also includes
guaranteed surrender value and bonuses if applicable.
LIC New Group
Superannuation Cash Accumalation and Bajaj Allianz Group Employee Benefit Plan Benefits also includes
guaranteed surrender value and bonuses if applicable.
ICICI Pru Group
Superannuation and Aviva Corporate Life Plus Benefits also includes
guaranteed surrender value and bonuses if applicable.
They were designed to insure against the risk of
superannuation, or outliving one's income, and provided a
guaranteed income stream to annuitants in return for either a lump - sum or periodic investment.
Kotak
Superannuation Group Plan - II and Kotak Secure Return
Superannuation Plan Benefits also includes
guaranteed surrender value and bonuses if applicable.
Reliance Group Leave Enchashment Plus Plan and Reliance Traditional Group
Superannuation Plan Benefits also includes
guaranteed surrender value and bonuses if applicable.
Kotak Secure Return
Superannuation Plan assures
guaranteed surrender value.
Surrender value of B A Group
Superannuation secure and
Guaranteed Income Advantage is the amount of money that will be provided by the insurance company in case you want to surrender the policy before maturity.
Benefits Under B A Group
Superannuation secure and
Guaranteed Income Advantage can an important point of comparison between the two plans.
Kotak
Superannuation Group Plan - II assures
guaranteed surrender value.
HDFC Life Pradhan Mantri Jeevan Jyoti Bima Yojana and Reliance Traditional Group
Superannuation Plan Benefits also includes
guaranteed surrender value and bonuses if applicable.
Some Bajaj Allianz Group
Superannuation secure and Aegon Religare
Guaranteed Income Advantage Insurance Plan Provisions are made for a policy holder.
Bajaj Allianz Group
Superannuation secure and ICICI Pru Group Gratuity Benefits also includes
guaranteed surrender value and bonuses if applicable.
For Bajaj Allianz Group
Superannuation secure, policy renewal is allowed Policy renewal is allowed for Aegon Religare
Guaranteed Income Advantage Insurance Plan.
Easy Retirement and LIC New Group
Superannuation Cash Accumalation Benefits also includes
guaranteed surrender value and bonuses if applicable.
ICICI Pru Group
Superannuation and IndiaFirst
Guaranteed Retirement premium comparison can be done on the basis of minimum and maximum premium, if top up premium is allowed and also if premium waiver is available in case of critical illness or physical disability.
SBI Life eShield and Reliance Traditional Group
Superannuation Plan Benefits also includes
guaranteed surrender value and bonuses if applicable.
Kotak Secure Return
Superannuation Plan and Kotak Term Group Plan Benefits also includes
guaranteed surrender value and bonuses if applicable.
One can compare benefits of both policies based on aspects like availability of loan, surrender value, tax benefits, death benefits, etc. for Bajaj Allianz Group
Superannuation secure and Aegon Religare
Guaranteed Income Advantage Insurance Plan.
DHFL Pramerica Group Credit Life Plus and Bajaj Allianz Group
Superannuation secure Benefits also includes
guaranteed surrender value and bonuses if applicable.