Monthly update, March 2022

On-boarding new employees

If you’re a small business owner, you’ll know that you’re required to pay your employees (and certain contractors) superannuation guarantee (SG) in addition to their salary or wages. But how do you pay your SG contributions in a simple and effective way? The answer is through a superannuation clearing house (SCH).

This issue reflects the law when it was published. Tax and super rules change often, so please call us before acting on anything in it.