20. Do I need to pay Superannuation Guarantee Contributions (SGC)?

Compulsory superannuation guarantee contribution is payable. It requires you to pay super for your eligible employees, contribute to the correct super funds, and pay contributions by the set date each quarter. Employee has the ordinary common law meaning. The minimum super amount you are required to pay is 9% of each eligible employee’s earnings base (usually their ordinary time earnings).

You are generally required to pay super for your employees if all these descriptions apply to them:

• They are between 18 and 70;
• They are paid $450 or more (before tax) in a calendar month;
• They work full-time, part-time, or on a casual basis.

You also have to pay super for any employee if all these descriptions apply to them:

• They are under 18 years old;
• They are paid $450 or more, gross before tax, in a calendar month;
• They work more than 30 hours a week on a full-time, part-time, or casual basis.

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