64 Jolimont Street, East Melbourne VIC 3002

Accounting News

Superannuation Guarantee (SG) increases

 

Between the 1st of July 2022 to the 1st of July 2026 there will be four SG increases.

 

 

The table below shows when these increases come into effect.  Most accounting software will automatically adjust to these rate increases but it is a business cost and needs to be kept in mind because sometimes automatic changes can slip by and cause business management and compliance issues.

 



W Marshall & Associates 64 Jolimont Street, East Melbourne VIC 3002

Important: This is not advice. Clients should not act solely on the basis of the material contained in this Commentary. Items herein are general comments only and do not constitute or convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that our formal advice be sought before taking any action. The Commentary is issued as a helpful guide to clients and for their private information. Therefore it should be regarded as confidential and not be made available to any person without our prior approval.