Superannuation

All Topics

• What are your superannuation obligations?

  You are obligated to make a compulsory superannuation contribution in the following ways.
  Feb 01, 2018

• Who is eligible for the superannuation guarantee?

  Generally, the superannuation guarantee covers any employee aged over 18 who is paid $450 or more in a calendar month (before tax).
  Feb 01, 2018

• Who is not eligible for the superannuation guarantee?

  The superannuation guarantee does not cover the following employees.
  Feb 01, 2018

• When will you need to make superannuation contributions for a contractor?

  You will have a superannuation guarantee obligation to a contractor if you have an employment relationship with them.
  Feb 01, 2018

• When won’t you need to make superannuation contributions for a contractor?

  You will not have a superannuation guarantee obligation to a contractor if you have no employment relationship with the person actually doing the labour.
  Feb 01, 2018

• What is the minimum prescribed rate of superannuation you must contribute?

  For each eligible employee, you must contribute at least the minimum prescribed rate of their ordinary time earnings.
  Feb 01, 2018

• How to calculate OTE

  You must always use OTE to calculate the minimum superannuation contribution unless another earnings base is specified in the following.
  Feb 01, 2018

• Checklist: Payments to include in OTE

  Include the following payments when calculating an employee’s OTE.
  Feb 01, 2018

• Checklist: Payments to exclude from OTE

  Do not include the following payments when calculating an employee’s OTE.
  Feb 01, 2018

• What is the maximum amount you are required to contribute?

  The maximum contributions base sets the maximum amount that you are required to contribute.
  Feb 01, 2018

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