📢 Superannuation Guarantee Changes – What Employers and Employees Need to Know From 1 July 2025, the Superannuation Guarantee rate increased to 12%. Employers must ensure contributions are received by their employees’ super funds by the quarterly due dates: Q1 (Jul–Sep): due 28 Oct Q2 (Oct–Dec): due 28 Jan Q3 (Jan–Mar): due 28 Apr Q4 (Apr–Jun): due 28 Jul Missing a deadline, even by one day, can trigger the Superannuation Guarantee Charge (SGC), resulting in penalties and loss of tax deductions. Employers – Plan ahead, especially if using clearing houses that may take up to 14 days. Consider moving to monthly payments to prepare for upcoming Payday Super reforms (from 1 July 2026). Employees – Regularly check your super statements and ensure contributions match your payslips. If you’d like help reviewing your super obligations or preparing for Payday Super, reach out to us today. https://lnkd.in/gGuHp2Cs
