Has 10 Super Been Legislated?
In the Superannuation Space the Focus Has Been on Delivering More for Members, Particularly Women and Those in Part-Time and Casual Employment. Importantly...
In the superannuation space the focus has been on delivering more for members, particularly women and those in part-time and casual employment. Importantly, the Federal Government has maintained the legislated increase to the superannuation guarantee, which will increase by 0.5% to 10% on 1 July 2021.
Is SGC increasing in 2021?
From 1 July 2021, the Employer SGC rate has been increased and the maximum concessional and non-concessional superannuation contribution caps have finally been indexed along with the Total Super Balance Cap and Transfer Balance Cap.
What is the new superannuation rate for 2021?
On 1 July 2021, the super guarantee (SG) rate will rise from 9.5% to 10%.
Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.
