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The superannuation guarantee charge percentage (%)
The superannuation guarantee requires employers to provide sufficient super support for their employees. You are obliged to contribute a minimum of 9.5% of an eligible employee’s earnings (from 1 July 2008 this is standardised to ordinary time earnings) to a complying super fund or retirement savings account (RSA). Your contributions need to be made at least every quarter.
The charge percentage is set out in the law. For 2002-03 and subsequent years, the rate is 9.50% of each employee’s earnings base or ordinary time earnings.
The maximum super contribution base is used to determine the maximum limit on any individual employee’s earnings base for each quarter of any financial year. You do not have to provide the minimum support for the part of earnings above this limit.
In accordance with section 9 of the Superannuation Guarantee (Administration) Act 1992, the maximum super contributions base is indexed in line with AWOTE each income year. The new indexed amount is generally available each May.
Details found here have been sourced directly from the ATO under the title “Key Superannuation Rates”