How to update Superannuation Guarantee (SG)
When the Super Guarantee contribution Rate changes, the new rate needs to be updated in jobBag
Navigate to File > Configuration > Countries
Select Australia > Tax (tab) > Edit > New (half way down the page)
Set up contribution rates for new employees, freelancers and talent (Performing artist and non performing artist)
Set up contribution rates for employees, freelancer and talent | ||
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Select Type | Superannuation contribution rates need to be set up for all three types |
Employee, Freelancer and Talent |
Enter Start Date | The start date should always be the fist day of the current financial year |
01 Jul 2023 |
End date | The end date should always be the last date of the financial year. Note: The end dates will populate automatically once the most recent rates have been set up |
30 Jun 2024 |
Rate | Enter current rate as per the ATO Super Guarantee contribution Rate | 11.00 |