Paying Super Guarantee (SG) contributions is not just a legal requirement. You have an important role in the future of your employees because the super you pay on their behalf will determine how they live in retirement. What’s more, super funds also provide automatic insurance cover to eligible members, to protect them and their families along the way. If members miss out on contributions, this can mean they may not be covered for life or disability insurance should the worst happen.

SG contributions you make are tax deductable, and by complying with your SG obligations you’ll avoid possible penalties from the ATO.

We want to help you by making this payment process as simple as possible.

Who is eligible for super? Generally you have to pay SG contributions for employees who are aged over 18 or, if under age 18 are working at least 30 hours per week, regardless of how much they earn.

The percentage of your employees’ ‘ordinary time earnings’ that you have to pay is scheduled to increase each year until 1 July 2025, as shown in the table below.

SG contribution rate	Financial year
2022/23	10.5%
2023/24	11%
2024/25	11.5%
2025/26	12%

Note: Different rates apply for Norfolk Island residents.