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Salary sacrifice integrity measures

There has been an important change to the amount of Superannuation Guarantee (SG) contribution an employer is obligated to make on behalf of an employee who salary sacrifices part of their salary or wage into super. From 1 January 2020, employers are required to base the SG contribution on the employee’s pre-salary sacrifice income; and are prevented from using employee salary sacrifice amounts to reduce their minimum SG contribution.

Read more: http://bit.ly/18_02_2020

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