Superannuation Guarantee (SG) legislation requires employers to pay a minimum level of super for each of their employees. The minimum level, as a percentage of each employee's average weekly ordinary time earnings is 9%. However, if your employees’ are covered by an Award or industrial agreement that specifies a higher amount then you are obliged to pay the higher amount. There are exceptions under SG legislation for employees who are:
- 70 years or over
- Earning less than $450 in any calendar month
- Under 18 years of age and working less than 30 hours per week
- Senior foreign executives
- Non-resident employees paid for work completed outside Australia.
If you don't make SG contributions on behalf of your employees at least quarterly, there are penalities under SG legislation. The deadlines for making SG contributions are:
| Superannuation Guarantee Quarter |
Due Date for Contributions |
| 1 July - 30 September |
28 October |
| 1 October - 31 December |
28 January |
| 1 January - 31 March |
28 April |
| 1 April - 30 June |
28 July |
