Superannuation Contributions Increase Effective 01 July 2021
Effective 1 July 2021, employers will be required to increase the minimum superannuation contribution to employees from 9.5% of ‘Ordinary Time Earnings’ (OTE) to 10%.
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Superannuation Rates and Thresholds for 2021–22
Superannuation is widely regarded as the most tax-effective vehicle for retirement savings. The ATO has recently published the key superannuation rates and thresholds for the 2021–22 year.
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Mark Semmens
Mark is a Chartered Accountant with a wealth of experience in accounting and taxation. Mark is a Member of Chartered Accountants Australia and New Zealand, the Tax Practitioners Board and the National Tax and Accountants Association.
Mark's blogs
Daniela Semmens
Daniela Semmens is a Co-Director of Semmens & Co. and joined the company as General Manager in 2017. Daniela is an Affiliate Member of Chartered Accountants Australia and New Zealand and also a Member of the Australian Institute of Project Management.
Daniela's blogsContact Us Today
For any enquiries into our team or our services please contact Semmens & Co. via email at info@semmensco.com.au or call us on 03 8320 0320
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