Superannuation: $450 income threshold to be removed
9 June 2022
Members are also reminded that as of 1 July 2022 the $450 per month threshold will be removed. This means that you will be required to make super guarantee contributions regardless of how much your employee is paid. You should ensure that your payroll and accounting systems reflect this change for all payments made on or after 1 July 2022.
For more information, please click on the link below: