NECA Group

News & Views

8th October 2020

Quarterly SG reminder for NESS Super employers helping you understand your Super obligations

Under the Superannuation Guarantee (SG) legislation, all employers have an obligation to make SG contribution payments on behalf of employees.

At NESS Super, we are here to help and are reminding Employers that the next SG quarterly contribution due date is 28 October 2020.

SG has to be paid at least four times a year, within 28 days of the end of each quarter.  The payments can be process via the Clearing House to save you time and remove the hassles of paperwork.

Any members’ personal super contributions do not count towards your SG obligations.  The post-tax super contributions paid on behalf of your employee’s are to be paid in a manner that is consistent with your employee’s terms of employment.

To find out more about how NESS Super can help you and your employees, feel free to contact our Employer Services Team on 1800 022 067, or email us on nessadmin@nesssuper.com.au

At NESS Super, we’re here to help.

Disclaimer:

The information contained in this article is up to date at the time of its publication. However, some information can change over time. The contents are for general information only and do not constitute personal advice. We recommend that you consult with a suitably qualified person before making any financial decisions.