Facts about your superannuation guarantee, by our small business accountants in Melbourne
Superannuation has been thrown around recently in the media, so it is important to know some facts about your superannuation guarantee (SG) entitlements. Our small business accountants in Melbourne will tell you all the facts you need to know about SG for 2016/17.
Here’s the list of the most important SG facts by our accountants for small business in Melbourne:
1. Your SG rate should be 9.5% of your ordinary time earnings for 2016/17
We hope that these SG facts will help you understand the importance of super! Your employer’s business accountant in Melbourne should be taking care of your SG, but it is always good to ensure that your super is on par with what you’re earning.
Feel free to contact our small business accountants in Melbourne if you have any questions regarding your SG.