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The ATO has issued a reminder to employers that Q4 superannuation guarantee payments are due by 28 July.
If you or your clients use a commercial clearing house, keep in mind that it can take a little longer for payments to reach employees’ super funds. Payments are only considered ‘paid’ once the fund receives them, so it is advisable to process them early to avoid penalties.
For the quarter ending 30 June, the SG rate is 11.5% for payments made before 1 July. It increased to 12% on 1 July 2025.
However, you'll need to apply the 12% rate on wages paid to eligible workers on and after 1 July, even if part or all of the pay falls within the period before 1 July.
#accountant #employers #superannuation
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