Changes to Superannuation from 1st July 2014 – for employers
Scheduled Increase
From 1 July 2014 the minimum superannuation guarantee rate will increase to 9.5% (up from 9.25%)
The superannuation guarantee rate percentages are planned to incrementally increase as follows:
| Financial Year | Super guarantee charge percentage |
| 1 July 2013 – 30 June 2014 1 July 2014 – 30 June 2015 1 July 2015 – 30 June 2016 1 July 2016 – 30 June 2017 1 July 2017 – 30 June 2018 1 July 2018 – 30 June 2019 1 July 2019 – 30 June 2020 onwards |
9.25% 9.5% 10% 10.5% 11% 11.5% 12% |
Small Business Superannuation Clearing House – Free!
If you have 19 or fewer employees, consider using the Small Business Superannuation Clearing House to help you meet your super guarantee obligations.
The Small Business Superannuation Clearing House is a free online super payments service that helps small businesses meet their super guarantee obligations. To find out more about the free Superannuation Clearing House go to:
