Employers are you ready for 1 July 2022?

1 July 2022 brings in some changes

• Increases Superannuation Guarantee to 10.5%

• No more $450 in a month Threshold for Superannuation for employees

• Increase in award minimum wages following the Fair Work Commission decision last week

• Are you reporting your STP2 information? This measure has been in place since 1 January 2022 with some transitional measures in place.

If you need further information on these measures contact Steve Sherrah at Mobile Accountant

0419854982

steve@mobileaccountant.net.au

Please note that this information is Factual in nature and is a brief summary; this information is not General or Personal advice relevant to your specific circumstances and should not be relied upon without Professional Advice.

"Liability limited by a scheme approved under Professional Standards Legislation”