Hiring occasional employees?
Be aware of important recent changes to super Employers: If you hire staff as a one off, or on an occasional basis, you need to be aware of recent changes to super guarantee (SG). These changes mean that more of your occasional employees may be eligible for super. These SG changes started on 1 July 2022, so you will need to pay super for employees at a rate of 10.5%, regardless of how much they earn. This is because the $450-per-month threshold for SG eligibility has been removed.
Example: Yiana is a 20-year-old seasonal fruit picker on a produce farm. She works 15 hours a month for 3 months of the year. Yiana earns $435 before tax. With the removal of the threshold Yiana is eligible for SG, which is to be paid on her ordinary time earnings at a rate of 10.5%. This change doesn’t affect other eligibility requirements for SG. Workers who are under 18 still need to work more than 30 hours in a week to be eligible. For example, Lee is 17 years old and works at the same produce farm as Yiana. As Lee didn’t work more than 30 hours in the week, he won’t be eligible for SG for this work.
Hiring holiday employees?
Be aware of important changes to super As the holiday season fast approaches, you should be aware that your holiday employees may be eligible for super guarantee (SG). These SG changes started on 1 July 2022, so you will need to pay super for employees at a rate of 10.5%, regardless of how much they earn. This is because the $450-per-month threshold for SG eligibility has been removed.
Example: Samir is a 54-year-old employee working at short-term job at a restaurant over the holiday season. He works 20 hours a month earning $430 before tax. With the removal of the threshold Samir is eligible for SG, which is to be paid on his ordinary time earnings at a rate of 10.5%. This change doesn’t affect other eligibility requirements for SG. Workers who are under 18 still need to work more than 30 hours in a week to be eligible. For example, Sue is 17 years old and works at the same restaurant as Samir. As Sue didn’t work more than 30 hours in the week, she won’t be eligible for SG for this work.
Hiring event staff?
Be aware of important changes to super Employees hired for one off or short-term events such as festivals or concerts may be eligible for super guarantee (SG). These SG changes started on 1 July 2022, so you will need to pay super for employees at a rate of 10.5%, regardless of how much they earn. This is because the $450-per-month threshold for SG eligibility has been removed.
Example: Lucy is a 21-year-old employee hired for a two-day festival. She works 12 hours over the 2 days earning $321. With the removal of the threshold Lucy is eligible for SG, which is to be paid on her ordinary time earnings at a rate of 10.5%. This change doesn’t affect other eligibility requirements for SG. Workers who are under 18 still need to work more than 30 hours in a week to be eligible. For example, Adam is 17 years old and works the same festival as Lucy. As Adam didn’t work more than 30 hours over the 2 days, he won’t be eligible for SG for this work.
South East Access Ulladulla can provide both on site and offsite bookkeeping services ranging from the simplest data processing through to a full back office service. Including invoicing, accounts processing and payroll done by us, they actually are saving money right the first time, reduced end of year accounting fees, and way less stress!
Contact us Phone: (02) 4454 4444 Office hours are 9.00am to 5:00 pm Email: admin@southeastaccess.com.au
