From 1 July 2013, the superannuation contribution rate has being increased from 9% to 9.25%. Employers will need to make the contribution for their employees using the new rate. Generally an employer has to pay superannuation:

  1. 18 years or older
    • Pay them $450 or more (before tax) in salary or wages in a month.
  2. Younger than 18 years
    • Pay them $450 or more (before tax) in salary or wages in a month.
    • Worked at least 30 hours per week.

Superannuation must be made for each eligible employee at least 4 times a year. The payments must also be made by the following cut-off dates.


Quarter Period Payment cut-off date
1 1 July – 30 September 28-Oct
2 1 October – 31 December 28-Jan
3 1 January – 31 March 28-Apr
4 1 April – 30 June 28-Jul


As an employer, you must keep proper superannuation records for up to 5 years. The audit trail that you need to keep:

  1. Amount of super paid to each employee.
  2. Any other documents that helped you to calculate the amount of superannuation that you paid.

Record compliance is often the most basic and fundamental requirements of anyone who owns a business and / or employs staff. Failure to comply can result in massive penalties to the ATO. This is not only costly but also detrimental to the reputation of the business.

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