The ATO is reminding employers that the holiday season is fast approaching, and their holiday casual employees may now be eligible for super.
From 1 July 2022, employers need to pay super for employees at a rate of 10.5%, regardless of how much they are paid, because the $450-per-month threshold for super guarantee (‘SG’) eligibility has been removed.
This change doesn’t affect other eligibility requirements for SG. In particular, workers who are under 18 still need to work more than 30 hours in a week to be eligible.
We recommend employers check their payroll and accounting systems with regards to the correct calculation of their employees’ SG payments.
We are available to assist clients if they are uncertain of their obligations.