Super Changes Effective 1 July 2023

Jun 02, 2023

The Superannuation Guarantee rate increases to 11% at 1 July 2023. Make sure you and your clients are ready and compliant.

The rate is effective for payment made on or after 1 July 23, regardless of the pay period.

Review Budgets/Forecasts to see what financial impact this may have on the business / break-even point.
If considering recruiting, ensure the new rate is accounted for.
If struggling with cash flow, consider implementing Pay Day Super - process the super at the same time as payroll so it's out of the way and smooths out cash flow.

For more tips and tools, sign up to our enewsletter or jump on one of our free resources.

Designed to help you build a scalable and profitable bookkeeping business (that you actually enjoy rocking up to every day).

Subscribe to Martine's newsletter to receive her latest news, tips and insights.

We value you too much to spam you, and won't share your details with any third party.