NESS Super

Super for Employers

Employer Information

As an employer you are required to report certain information about your employees, please take a look below at our guidelines.

You need to provide your new employees with a Standard Choice FormOpens in new window within 28 days of commencing employment. If they don’t choose their own fund using this form you need to pay their super contributions to a complying super fund (or Retirement Savings Account) or a complying super fund with a MySuper option from 1 January 2014.

NESS Super offers a default fund with a complying MySuper option.

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Employees are eligible for super if they earn $450 or more (gross) in a calendar month.

There are exceptions, some of which are:

  • workers under 18 years of age and who work less than 30 hours a week
  • independent contractors, where the contract is not solely or principally for their labour
  • some foreign executives, depending on their visa status.

The Superannuation Guarantee (SG) sets out how much super Australians workers must receive. Currently, the SG minimum rate is 9.50% of Ordinary Time Earnings up to the maximum SG contributions base, which is $54,030 per quarter per employee for the 2018/19 financial year.

If your employees are covered by an award or an employment agreement that specifies an amount higher than the SG amount, you must pay the higher amount.

The SG minimum rate will remain at 9.5% until 1 July 2021 and will gradually increase until it reaches 12% at 1 July 2025.

Under Superannuation Guarantee legislation you have to make SG contribution payments at least four times a year and within 28 days of the end of each quarter - please see the table below. You can generally claim a tax deduction for super contributions that you pay on time. If, however, you are late making payments you can’t claim a tax deduction for the amount you pay.

As a NESS Super participating employer you have to pay SG contributions monthly subject to your employees’ awards or EBAs.

Quarter SG Contribution due date
1 January - 31 March 28 April
1 April - 30 June 28 July
1 July - 30 September 28 October
1 October - 31 December 28 January

Member or after-tax contributions are contributions that are deducted from an employee’s salary or wages and paid to their nominated or default super fund in accordance with the terms of their employment and any legal requirements (that is, industrial award conditions).

In general, superannuation legislation requires you, as an employer, to pay the authorised and deducted amount no later than 28 days after the end of the month in which the authorised deduction was made.

For information on how much to pay and when to pay, take a look at the ATO website.

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You must provide an employee’s Tax File Number (TFN) to their super fund within 14 days of receiving a Tax File Number declaration or when you make the first payment to the fund receiving the TFN, whichever happens last.

Employers covered under workplace legislation, awards or agreements have an obligation to report super contributions on payslips, including the amount paid and to which super fund it has been paid. This applies in particular to companies under the Fair Work Act. It has been proposed that the date (or expected date) of super contributions payments also be included on payslips.*

* Regulations in respect to this proposed change have not yet been made.

You must keep records for five years showing:

  • the amount of super you’ve paid for each employee
  • any documents you use to help calculate entitlements
  • that you offered your eligible employees a choice of super fund.

This applies even if you use a clearing house facility to pay contributions.

As a NESS Super employer you need to pay contributions monthly subject to your employees’ awards or EBAs. You can, however, vary your payment frequency by applying to NESS Super online though EmployerAccess. You will need to outline your reasons for wanting to change frequency of payments.

EmployerAccessOpens in new window

Before any variation of payment frequency can be considered, all super contribution payments for the nominated employees must be up-to-date.

You can also apply for a variation to your payment frequency by emailing your request to NESS Super at nessadmin@nesssuper.com.au

The ATO website contains a lot of information to help you understand your obligations in regards to super.

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