On Jun. 26, 2025, AST Tax issued reminder for employers to pay eligible workers’ SG contributions in full, on time, and to the correct super fund by Jul. 28, 2025.
If using a commercial clearing house, employers must allow extra time for payments to reach super fund, as contributions are only considered paid once received by fund.
Reminded that the SG rate increases from 11.5% to 12% on Jul. 1, 2025; payments made before Jul. 1, 2025 apply the 11.5% SG rate for quarter ending Jun. 30, 2025.
For salary and wages paid on or after Jul. 1, 2025, the 12% SG rate must be applied.
On May 5, AST Tax issued factsheet on employer obligations, re tax.
AST Tax reminded employers that they must withhold pay as you go (PAYG) tax from employees’ wages and report and pay the withheld amounts to the AST Tax.
Employers are required to pay superannuation for eligible employees at least quarterly; the current rate is 11.5% and will increase to 12% from Jul. 1, 2025.
Plus, employers must report fringe benefits and employees’ tax and super details to the AST Tax, including through single touch payroll (STP) each pay cycle.
Keeping accurate records for at least five years helps meet obligations and it also reduces administrative burden, allowing more focus on business growth.
Jun. 2025 AST Tax Reminder
On Jun. 3, 2025, AST Tax reminded employers to review super obligations as end of FY approaches, including paying super guarantee (SG), withholding PAYG, STP reporting.
Apply 11.5% SG rate for salary and wage payments made before Jul. 1; from Jul. 1, the SG rate increases to 12%, applicable for payments on and after that date.
Some withholding schedules and tax tables for PAYG will be updated from Jul. 1, 2025.
On Jun. 26, 2025, AST Tax issued reminder for employers to pay eligible workers’ SG contributions in full, on time, and to the correct super fund by Jul. 28, 2025.
If using a commercial clearing house, employers must allow extra time for payments to reach super fund, as contributions are only considered paid once received by fund.
Reminded that the SG rate increases from 11.5% to 12% on Jul. 1, 2025; payments made before Jul. 1, 2025 apply the 11.5% SG rate for quarter ending Jun. 30, 2025.
For salary and wages paid on or after Jul. 1, 2025, the 12% SG rate must be applied.
