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Accounting Archives - Baplink
Superannuation Guarantee – Increasing to 10% from 1 July 2021

Superannuation Guarantee – Increasing to 10% from 1 July 2021

As many of you would be aware, the compulsory Superannuation Guarantee Contributions (SGC) will increase from 9.5% (current rate) to 10.0% from 1 July 2021. Each financial year, the superannuation guarantee rate will gradually be increasing to a rate of 12% by 2025....