Australian Ethical Investment

Below is a summary of your obligations as an employer under the Superannuation Guarantee legislation.

Please refer to the Australian Taxation Office for further details about your employer obligations.

Who do I have to contribute super to?

Generally you are required to pay super for your employees if they are:

• aged between 18 and 70, and are:
• paid $450 or more (before tax) in any calendar month, and
• working full-time, part-time or on a casual basis;
• aged under 18 years, and are:
• paid $450 or more (before tax) in any calendar month, and
• working full-time, part-time or on a casual basis for more than 30 hours in a week.

Minimum contribution amount

The minimum amount of superannuation you are required to contribute for each employee is 9% of their earnings for their ordinary working hours.

This is additional to your employees’ salaries and wages.

When do I have to make contributions?

You are required to contribute at least every quarter, as per the cut-off dates set by the Australian Taxation Office.

However you can choose to make superannuation contributions more regularly, such as every fortnight or month. You can do this provided that:

• the amounts add up to the total amount you owe every quarter, and
• you make the contributions by the quarterly cut-off dates.