$450 super guarantee threshold removed
From 1 July 2022, the $450 threshold test will be removed and all employees aged 18 or over will need to be paid superannuation guarantee regardless of how much they earn.
It is important to ensure that your payroll system accommodates this change so you do not inadvertently underpay superannuation.
For employees under the age of 18, super guarantee is only paid if the employee works more than 30 hours per week.
Related Insights
Checklists for your 2025-26 Tax Return
Checklists for your 2025-26 Tax Return
From tax return checklists to FBT declaration forms, we want you to have easy access to the forms that will help provide you with a comprehensive service
Payday Super for Employers & Employees
Payday Super for Employers & Employees
Payday Super starts 1 July 2026, requiring super with each pay. Employers must update payroll, manage cash flow, and ensure timely, accurate compliance.
Don’t believe the hype!
Don’t believe the hype!
Discover five common business growth myths—like “more sales fixes everything”—and learn practical strategies to balance cash flow, profitability, and sustainable expansion.
We are here for you
We look forward to working with you to help you achieve a better financial future. Let us guide you on the path to financial success.
Contact your preferred Murray Nankivell office today.
