Is Super Going up in 2021
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...
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. … So, what are the key changes to superannuation and what could they mean for you?
Will there be a super increase in 2021?
PeriodSuperannuationUp to 30 June 20219.5%1 July 2021 to 30 June 202210%1 July 2022 to 30 June 202310.5%
Is Super increasing in July 2021?
Increase to the superannuation guarantee (SG) rate The 2021/22 superannuation guarantee rate has increased to 10% (from 9.5% in 2020/21). Advice impacts: From 1 July 2021: Employed clients will receive a higher amount of SG for 2021/22 than 2020/21 assuming the same amount of ordinary time earnings.
Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.
