Unit 2: Money In: Employer Contributions - 2024
By Sasha Prien
1h 39m CPD time
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Getting employer super contributions right is complex but crucial! We cover employer obligations & practical tips for accountants who are providing payroll and super services.
In this unit, we cover:
What’s super payable on?
Ordinary Time Earnings (OTE)
Employee vs Contractor
Super Choice & Default Employee Super Funds
Super guarantee & SGC
Lodging an SGC statement
Penalties & Remission
ATO Small Business Super Clearing House (SBSCH)
Eligibility
Process
Other clearing house options
Salary sacrifice & superannuation
Deductibility of superannuation payments
Deadlines & other admin
Due dates for paying super
Reporting via STP
Payday super from 1 July 2026
Date recorded: 26 September 2024