Employer Superannuation Obligations

You are considered an employer when anyone conduct paid work for you.

Employees are entitled to superannuation if:

- Aged 18-69

- Paid more than $450 in a calendar month. If you have paid less than this please also check the relevant award.

- Applies to Full Time, Part Time or Casual Staff

Please Note it is very important that the relevant award is also checked, as sometime rules differ between awards.

When an employee commences employment with you, you must provide them with a Standard Choice Form.

These are available for download from the ATO Website, (Standard Choice Form Download) or if you use MYOB or any other Accounts Package you can automatically print them out when setting up an employee.

You must keep records of Super Contribution Calculations for each pay period.

ie Gross $865.00 Tax $154 Net $711 Super $77.85(865x9%)

You must pay the Superannuation to the employees Choice of Fund on a quarterly basis. Due dates for each quarter are; October 28th, January 28th, April 28th and July 28th.

If you don't comply with these rules, heavy penalties apply.

If you hire contractors, you may still must pay compulsory superannuation. There are a set of rules that apply to hiring contractors. Please go to the: