Superannuation paid on behalf of all employees will increase to 11% for wage payments made (bank transfer) on or after 1st July 2023 (regardless of work period).
Some contractors may be considered employees for super purposes and be entitled to super at the new rate too.
Super is scheduled to continue increasing
1st July 2024 = 11.5%
1st July 2015 = 12%
Got questions? Contact us.
Menu
