Episode 19: Self-Managed Super Funds 6 Member Limit

Superannuation Guarantee

Super Guarantee (SG) is a legislated obligation for employers to provide superannuation support to Australian workers. The required minimum super contribution is set by the Government and presently sits at 10% of ordinary times earnings. SG contributions are classified as employer contributions, and these amounts count towards the employee’s concessional contribution cap (i.e. $27,500 for the 2021/22 financial year – but this cap may be higher if eligible for catch-up contributions). We detail some important and upcoming changes to the SG rules.