Super Guarantee Rate Increase 2025: How the 12% Change Affects Your Business
Quick Summary The superannuation guarantee rate increased from 11.5% to 12% on 1 July 2025 – the final scheduled increase in this series. All eligible employees must receive the 12% rate for salary and wages paid from 1 July onwards, even if the pay period started before this date. This represents the largest employer cost […]
Minimum pension payments 2025: what SMSF owners must know (and what happens if you get it wrong)
Quick Summary and FAQ’s Question 1. In the ’25/26 Financial Year, what must SMSF owners know about minimum pension payments? Answer: For the 2025/26 financial year, SMSF owners must know that the standard minimum pension drawdown rates apply. These rates are a percentage of your super balance on July 1st, 2025, and are determined by […]