Superannuation Guarantee Increase (1 July 2022)

Superannunation Guarantee Increase Update

Superannuation guarantee is increasing from 10% to 10.5%, effective 1st July 2022. 

In addition the $450 per month eligibility threshold when SG is paid is being removed. 

foundU will be applying these changes to your platform and it will be effective from the 1st July.

There's nothing you need to do at your end! :)