super guarantee

Super Guarantee Opt Out for High Income Earners | Taxwise Australia | (08) 9248 8124

Super Guarantee Opt-Out For High Income Earners Now Law

By Warren Kruger / November 2, 2019 / 0 Comments

From 1 January 2020, eligible individuals with multiple employers can apply to opt out of receiving super guarantee (‘SG’) from some of their employers, to help them avoid unintentionally going over the concessional contributions cap. If appropriate for them, they should submit the relevant ATO form to apply for an SG employer shortfall exemption certificate, […]

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