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  • Super guarantee

    The super guarantee charge (SGC) applies when employers don’t pay the minimum amount of super guarantee (SG) for their eligible employees to the correct fund by the due date.

    The minimum SG is calculated as a percentage of each eligible employee’s earnings (ordinary time earnings) to a complying super fund or retirement savings account (RSA).

    For information on the maximum, see Maximum super contribution base.

    Super guarantee percentage

    Table 21: Super guarantee percentage

    Period

    General super guarantee (%)

    Super guarantee (%) for Norfolk Island (transitional rate)

    (from 1 July 2016)

    1 July 2002 – 30 June 2013

    9.00

    0

    1 July 2013 – 30 June 2014

    9.25

    0

    1 July 2014 – 30 June 2015

    9.50

    0

    1 July 2015 – 30 June 2016

    9.50

    0

    1 July 2016 – 30 June 2017

    9.50

    1

    1 July 2017 – 30 June 2018

    9.50

    2

    1 July 2018 – 30 June 2019

    9.50

    3

    1 July 2019 – 30 June 2020

    9.50

    4

    1 July 2020 – 30 June 2021

    9.50

    5

    1 July 2021 – 30 June 2022

    10.00

    6

    1 July 2022 – 30 June 2023

    10.50

    7

    1 July 2023 – 30 June 2024

    11.00

    8

    1 July 2024 – 30 June 2025

    11.50

    9

    1 July 2025 – 30 June 2026

    12.00

    10

    1 July 2026 – 30 June 2027

    12.00

    11

    1 July 2027 – 30 June 2028 and onwards

    12.00

    12

    Note: If you need percentages for years prior to 2002–03, refer to former sections 20 and 21 of the Superannuation Guarantee (Administration) Act 1992, available from our Legal database.

    Your contributions for each employee are required to be paid on at least a quarterly basis.

    Table 22: Contribution quarters

    Quarter

    Period

    1

    1 July – 30 September

    2

    1 October – 31 December

    3

    1 January – 31 March

    4

    1 April – 30 June

    Maximum super contribution base

    The maximum super contribution base is used to determine the maximum limit on any individual employee's earnings base for each quarter of any financial year. Employers do not have to provide the minimum support for the part of earnings above this limit.

    Table 23: Maximum super contributions base

    Income year

    Income per quarter

    2023–24

    $62,270

    2022–23

    $60,220

    2021–22

    $58,920

    2020–21

    $57,090

    2019–20

    $55,270

    2018–19

    $54,030

    2017–18

    $52,760

    2016–17

    $51,620

    2015–16

    $50,810

    2014–15

    $49,430

    2013–14

    $48,040

    2012–13

    $45,750

    2011–12

    $43,820

    2010–11

    $42,220

    2009–10

    $40,170

    2008–09

    $38,180

    2007–08

    $36,470

    2006–07

    $35,240

    2005–06

    $33,720

    2004–05

    $32,180

    2003–04

    $30,560

    2002–03

    $29,220

    2001–02

    $27,510

    2000–01

    $26,300

    1999–2000

    $25,240

    1998–99

    $24,480

    1997–98

    $23,630

    1996–97

    $22,590

    1995–96

    $21,720

    1994–95

    $20,780

    1993–94

    $20,160

    1992–93

    $20,000

    The maximum super contributions base is indexed in line with AWOTE each income year. The new indexed amount is generally available each February.

    Last modified: 13 Jul 2023QC 18123