For most employees, salary sacrificing super is the most cost effective way to reduce the tax they pay. However, from next year, Employers should note the changes to the way the Super Contribution Guarantee (SGC) is calculated. The SCG will be calculated to include the amounts of super sacrificed.
You will need to update your systems to comply with the law from next year. If you’re having trouble determining how to make the changes to your payroll system please contact us.