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What's new for 2022
  • Super guarantee charge (SGC) increases to 10.5% 
  • Removal of SGC exemption when employee earns less than $450 month
  • Employees under 18 working more than 30 hours per week to receive SGC Index rate for government loans 
  • HECS, Trade etc. increased to 3.9%
  • Super choice enforcement for employers
  • Company directors should get ready by applying for director ID - identification numbers using Australian Business Registry Services -free via Apply for your director ID | Australian Business Registry Services (ABRS)  using myGovID (not myGov)
  • Work test repealed for those aged 67-74 years to make non-concessional or salary sacrifice super contributions 
  • Invoicing is coming – all Australian govt agencies committed by 1/7/22 see eInvoicing | Australian Taxation Office (ato.gov.au) 
  • Employers to finalise PAYG summaries (group certificates) by 14/7/2022
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