Reminder of March 2025 Quarter Superannuation Guarantee ('SG')
Employers are reminded that employee super contributions for the quarter ending 31 March 2025 must be received by the relevant super funds by Monday, 28 April 2025.
If the correct amount of SG is not paid by an employer on time, they will be liable to pay the SG charge, which includes a penalty and interest component.
The SG rate is 11.5% for the 2025 income year.
Should you have any queries in relation to the matters discussed in this blog, please do not hesitate to contact our office.