Tag Archives: salary sacrifice

Salary Sacrifice Super offsets January 1st 2020. What you need to know.

Effective from 1 January 2020, the Superannuation Guarantee (Administration) Act 1992 will no longer allow salary sacrifice super amounts to reduce an employee’s OTE or offset super contributions that employers are required to pay. As such, any business that currently has their salary sacrifice super deduction set up to reflect this will need to update their deduction setting […]