New super guarantee

July 11, 2014

THE Australian Taxation Office (ATO) has reminded employers they need to increase the compulsory minimum super payments they make on behalf of eligible employees. ATO Assistant Commissioner Emma Haines said the super guarantee rate increased from 9.25% to 9.5% on 01 Jul this year. Small businesses are encouraged to use the ATO’s free Small Business Superannuation Clearing House service to help meet their super guarantee obligations. “If you have 19 employees or fewer, you can use this free service to pay your super contributions in one transaction.” CLICK HERE to read ATO’s super guide.

The above article was sent to subscribers in Pharmacy Daily's issue from 11 Jul 14
To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 11 Jul 14

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Pharmacy Daily | New super guarantee

New super guarantee

Other recent headlines

Supply crunch with replica drug ban

New contraception course

Aussie CMs’ growth “a success story”

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES