From 1 July 2022, employers will be required to make super guarantee contributions to their eligible employee’s super fund regardless of how much the employee is paid. Employees must still satisfy other super guarantee eligibility requirements. In addition, from 1 July 2022 the superannuation guarantee percentage will increase to 10.5%.
The ATO will update their advice and guidance, including online tools and calculators on 1 July 2022 to account for this change.