Change to Frequency of SG Payments

Change to Frequency of SG Payments

From 1 July 2026 the Government will align the payment frequency for Superannuation Guarantee (SG) contributions with salaries and wages. Currently, employers are only required to pay their employees’ SG on a quarterly basis. By increasing the payment frequency of...
Change to Frequency of SG Payments

Tax on Earnings for Balances over $3 million

From 1 July 2025 the Government will reduce the tax concessions available to individuals with a total superannuation balance (TSB) exceeding $3 million.  This means that the tax applied to superannuation earnings will increase from 15% to 30% on TSB over $3 million....