As an employer, you have superannuation obligations to your new and current staff.

Generally speaking, the Superannuation Guarantee legislation says that you must provide superannuation contributions for your staff as a percentage of their earnings base, which you might think of as their 'superannuation salary'.

If you dont provide the correct amount of superannuation contributions, you will have to pay a tax called the Superannuation Guarantee charge.

If you are not a NECA member and would like to know more about this or other matters then you can click here to read about the many benefits of NECA membership. You can also call NECA on 03 9645 5533 or email NECA  with your membership enquiry and we will contact you to discuss membership.