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27 Oct 14 Employers: Remember to pay the new super guarantee rate

In a media release issued on 23 October 2014, ATO Assistant Commissioner, Emma Haines, reminded employers of the increase, from 1 July 2014, of the compulsory minimum super payments they make on behalf of eligible employees. It has increased from 9.25% to 9.5%.

“Employers must pay super guarantee contributions for each eligible employee at least four times a year and the first quarterly contributions need to be paid by 28 October,” Ms Haines said.


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