

$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
ATO Tax Agent Consolidation Update
ATO Tax Agent Consolidation Update
ATO consolidating our tax agent numbers by 1 March 2026. Check your ATO communication preferences to ensure your details stay correct.
Where country living meets expert accounting
Where country living meets expert accounting
And under skies like these, great people grow! Explore vacancies at Murray Nankivell, where rewarding careers and exceptional client outcomes go hand in hand.
SBE Instant Asset Write-off
SBE Instant Asset Write-off
Australia extends $20,000 Instant Asset Write-Off to June 2026, giving small businesses certainty, cash-flow benefits, simplified depreciation, and investment incentives.
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.

