28/06/2023
From 1 July, the super guarantee rate for employees will increase to 11%. The current super guarantee rate is 10.5%.
You need to pay on time, and the right amount to avoid a super guarantee charge.
Remember:
✅ Update your payroll and accounting systems to the new super guarantee rate.
✅ Payments must be received by the employee's fund on or before the quarterly super due date of 28 July.
The super guarantee rate will progressively increase to 12% by July 2025.