If you are not already aware of the increase in Superannuation Guarantee (SG) payments from July 1 2023, you should be.
From July 1, 2023 the SG amount that you are required to pay to your staff members will increase from 10.5% to 11%.
We will look after this for you. There is nothing that you need to do, apart from being aware of the additional cost that you will now incur.
If you are considering an increase to your pricing, you should factor this increase in your calculations.
