Remunerator News

Articles Tagged: ATO

  1. Jan 21 2020

    Employers Now Banned from Using Salary Sacrifice Payments to Meet SG Obligations

    As of January 1, this year, employers are required to
    provide superannuation guarantee (SG) support on the amount of employee salary
    sacrificed contributions under salary sacrifice arrangements (SSA). That is, if
    you make super contributions for your employee under an effective salary
    sacrifice arrangement you must now calculate your super guarantee obligation
    based on your employee’s ordinary time earnings base;