Get ready for superannuation guarantee changes
From 1 July 2025, the rate of superannuation guarantee is increasing from 11.5% to 12%.
The increase in July is the final part of the long-term uplift in the super guarantee rate increasing from 9.5% to 12% between 2021 and 2025.
What this means for business owners is from 1 July 2025 you will need to:
make superannuation guarantee contributions at the rate of 12%
make these payments to all employees regardless of the amount they earn in the month (exception for some under 18 employees)
check that your payroll platform has these updates scheduled to roll out (or make manual updates where necessary)
This relates to any payroll periods where the employee is paid from 1 July 2025. If your payroll period runs over the end of the financial year, the superannuation guarantee rate is based on the payment date of the pay period, not the period it relates to.
Don’t forget that if an employee does not provide you with a choice of super fund, you need to review the Stapled Super Fund information on the ATO website.
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