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Action to address super guarantee non-compliance

The Government will seek to legislate to close a loophole that could be used by unscrupulous employers to short‑change employees who choose to make salary sacrificed contributions into their superannuation accounts.

The Government will introduce a Bill into Parliament this year that will ensure an individual’s salary sacrificed contributions do not reduce their employer’s superannuation guarantee obligation.

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**Disclaimer: The information is sourced from NTAA**

For tax help:

or contact Hart Partners today:
Phone (03) 9600 3220
Mobile (04) 1322 2922
Fax (03) 9376 3507
Email paula@hartpartners.com.au
Mailbox client@hartpartners.com.au

 

Please Note: Many of the comments in this publication are general in nature and anyone intending to apply the information to practical circumstances should seek professional advice to independently verify their interpretation and the information’s applicability to their particular circumstances.
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