Super obligations on JobKeeper Payments
The ongoing COVID-19 pandemic is creating much uncertainty amongst many industries with employers speculating about what the future holds for their businesses and employees.
At Statewide Super we will continue to keep our employers informed about how this pandemic may affect their businesses with support offered through information that we believe is relevant to employers and their staff.
The introduction (and recently announced extension) of the Australian Government's JobKeeper Payment, has brought about much needed relief for Australian businesses, yet there is much confusion amongst employers as to how this may impact the Super Guarantee contributions they pay for their employees.
Should you or your business be eligible to receive the JobKeeper Payment for your eligible employees, you should confirm the super contributions you will be required to pay, to your employees’ super accounts throughout this time. Up to date information on this can be found via the Australian Taxation Office (ATO) website, within their Superannuation Guarantee section for JobKeeper.
For further information on your super obligations under the JobKeeper Payment, please refer to the following Fact Sheet:
Further general information on JobKeeper can be found on our Coronavirus JobKeeper Payment page of our website.
Please note: we will attempt to keep this page up to date should the Government announce any further updates to payments and/or eligibility requirements.