Web4 mrt. 2024 · On or after 1 July 2024, in the absence of a new employee choosing a superannuation fund, an employer must determine whether that new employee has a “stapled fund” and, if a stapled fund exists, pay contributions into that stapled fund instead of paying contributions into the employer’s chosen default superannuation fund. … WebFrom 1 November 2024, employers will perform a super check via ATO Online Services for every new employee who commences on or after 1 November 2024. When an employee has a ‘stapled’ super account, the employer must pay super contributions into that account.
How your super will be stapled to you - qsuper.qld.gov.au
Web1 jul. 2024 · To find out a new employee’s stapled fund, your team will need to check the ATO’s online services. We expect that the ATO will soon release more information about how to do this If a new employee doesn’t have a stapled super fund and doesn’t nominate a fund, you’ll need to pay their super contributions into your nominated default super fund Web1 nov. 2024 · To understand how to identify the super fund your new employee is ‘stapled’ to, refer to the ATO’s Request stapled super fund webpage If a new employee has an existing ‘stapled’ fund (and they do not make a choice), you will be required to pay their super guarantee contributions into that account. perth scotland news blog
Your employer
WebIn the Payroll menu, select Employees. Click the employee's name to open their details. Select the Employment tab, then click Add a superannuation membership. Select the employee's fund from the Superannuation fund list. If you don't see the super fund listed, please check with your super provider about whether the fund name has changed. Web1 jul. 2024 · Increase of the Superannuation Guarantee to 10.5%. From 1 July 2024, the Superannuation Guarantee – the amount of super you have to pay an employee – increases from 10 to 10.5% of their eligible earnings (ordinary time earnings). The Superannuation Guarantee is legislated to increase by 0.5% each year until it reaches … Web7 okt. 2024 · Introduction. The your super, your future legislation was passed into law on 24 June. a key feature is the new superfund stapling rules which will impact the many bookkeepers who handle a client ... stanley tumbler with handle pink