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Increase to employer superannuation payments


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As of 1 July 2013 the employer Superannuation Guarantee Contribution (SGC) will increase from the current 9% of salary to 9.25% of salary.

 

Then each year thereafter will continue to gradually increase until 1 July 2019 whereby the payment will be 12% of salary.

 

See here also for further information http://www.futuretax.gov.au/content/...12_percent.htm

 

 

Regards

 

 

Andy

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