10 Oct 2019 Super guarantee opt out for high income earners with multiple employers
From 1 January 2020, eligible individuals with multiple employers can apply to opt out of receiving super guarantee (SG) from some of their employers. This will help you avoid unintentionally going over the concessional contributions cap.
You may be eligible to opt out if you have more than one employer, and expect your employers' mandated concessional super contributions to exceed your concessional contributions cap for a financial year.
Find out more here.