Super Guarantee Rate increasing to 12% from 1 July 2025
From 1 July 2025, the Super Guarantee (SG) rate will rise from 11.5% to 12%. This change will apply to all ordinary time earnings (including salary and wages) paid on or after 1 July 2025, even if the pay period started before that date.
What this means for your business:
> review your payroll software and contracts to ensure they reflect the new rate.
> Update your budgets to include the increase super contributions for better cash flow projection
> Communicate the change to your team (if required)
Please note: The Super Guarantee (SG) percentage is the minimum legal requirement. However, some awards or agreements may require you to pay a higher rate.
If you’re keen to explore changing accountants, we have a non-obligation process to do that. The first step is booking a strategy call with one of our accounting team. It’s a free 20-minute teams or phone call where you get to meet us to manage your questions.
From that point, you can consider doing a “Look Under The Hood” with us. There is no obligation to change accountants, but we give you a second opinion if you’re paying too much tax.
Throughout that process, we can identify any problems we see with your current setup. Anything that your current accountant hasn’t claimed, or tax you may have overpaid, and strategies of how we might fix that going forward. We can run through with you once you book with us.
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