Tag: superannuation

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Is your business prepared for the upcoming super contribution hike?

Monday 17 December, 2018 | By: Jade Roberts | Tags: superannuation;

With 2018 on its way out, SMEs only have two years to prepare for the upcoming increase in Superannuation employer contributions that will occur in July 2021. During this time Superannuation contributions made by employers will increase from 9.5% to 10%. However, this isn’t the only expected increase in the future, it will dramatically increase again in July 2025 to 12%. So how can businesses ensure they stay afloat with these changes? Read more.