$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
Super Changes Explained: What’s Now Locked In – and Why Early Review Matters
Super Changes Explained: What’s Now Locked In – and Why Early Review Matters
New Division 296 laws tax super earnings above $3M from July 2026, making early review and strategic planning essential for high-balance Australians.
ATO Fuel Response and April 2026 Changes to Fuel Tax Credits
ATO Fuel Response and April 2026 Changes to Fuel Tax Credits
ATO Fuel Response cuts excise and FTC rates from Apr 2026, impacting BAS and cash flow; businesses should review claims and consider ATO support options.
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
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.
