Your primary superannuation obligations occur if you take on employees and / or pay yourself a wage and / or director fees.

The obligations are covered in the Superannuation Guarantee Charge Act 1992 and the Superannuation Guarantee (Administration) Act 1992. Superannuation Guarantee Ruling (SGR) 2009 / 2 gives guidance on what types of payments to employees are required to have superannuation remitted. For the 2015 financial year the superannuate guarantee is 9.5%.

The superannuation guarantee is to be remitted on a quarterly basis, being 28 October, 28 January, 28 April and 28 July.

If you would like to discuss further please contact us:
McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com

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