1. What is the maximum and minimum salary for employer superannuation to be payable?

Min. – $450 gross per month; Max. – $120,000 gross per year (approx.). There are also minimum and maximum age limits. Contact us on (02) 9266 0881 if you would like further information.

2. When do I need to pay the superannuation for my staff?

For quarterly payments and to get a tax deduction with no penalty, the due date is the 28th day following the previous quarter-end date.

3. Do all employees have freedom of choice of where their superannnuation can be paid?

No. For advice, please contact our office on (02) 9266 0881.

4. Do I have to pay superannuation for anyone under the age of 18?

No.

5. What is the employer’s superannuation contribution percentage?

9% for small business operators.

6. Where can I find information about the new National Employment Standards?

Click here to view the website and download the Fair Work Information Statement (pdf, 433KB).

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