Superannuation Guarantee increase impact on businesses

The super guarantee is estimated to increase a 0.5% every year. One of the most common questions we receive on the helpline is “How do we accommodate the Superannuation increase year after year”?
The legislation to increase the superannuation guarantee was introduced by the Labor government back in 2012, after first being announced in the 2010-2011 Federal Budget. At the time, the superannuation guarantee was 9% and was set to increase in stages to 12% by 1 July 2019. 

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