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Superannuation guarantee charge statement quarterly Before you complete this statement, read Completing your Superannuation guarantee charge statement quarterly (NAT 9600). Theinstructions include.

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The Super Guarantee is the regular compulsory employer contribution to its employees' super funds a minimum of 9.5% earnings for most employees. The Super Guarantee Charge is the penalty imposed by the ATO if the correct super isn't paid on time.

The super guarantee is a compulsory amount that an employer must pay into an employee's chosen super fund as part of their employment conditions. The super rate to be paid is calculated as a percentage of the employee's ordinary time earnings ('OTE'). ... Since 1 July 2014, this super rate has been 9.5%.

Remember, the super guarantee shortfall is calculated using salary and wages, not ordinary time earnings. Currently the super guarantee rate is 9.5%. The calculation is: Salary and wages × 9.5%.

The Super Guarantee Charge is the penalty imposed by the ATO if the correct super isn't paid on time. The Super Guarantee Statement is an ATO form for use if the correct super isn't paid on time.

What is a superannuation guarantee voucher? When a Superannuation Guarantee Charge is received by the Tax Office the shortfall and interest will be redistributed (if over $20), in the form of a voucher, to those employees for whom their employers have not provided the minimum superannuation support.

Calculations are based on the minimum amount of super your employer must pay on your behalf, known as the Superannuation Guarantee Contribution (SGC). The Super Guarantee Contribution rate is currently equal to 9.5% of your ordinary time earnings, on income up to $54,030 per quarter.

Super is calculated by multiplying your gross salary and wages by 9.5%; this is known as the superannuation guarantee. Super is based on your Ordinary Time Earnings (OTE). Overtime and expenses are excluded but some bonuses and allowances are included.

The super guarantee charge is non-deductible against your business income. ... super guarantee shortfall amounts (including any choice liability) calculated on your employee's salary or wages (not ordinary time earnings)

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232