Hi Support,
Just wondering when the SG Qtr cap will be updated with FY21-22., with rate increasng to 10%.
Thanks
Naseem
769 views
769 views1 replies
1 replies
769 views
1 replies
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
If you are referring to the SG maximum contribution base, it is set to increase to $58,920 per quarter for the 2021-22 financial year. This amount has been calculated by applying the increase in average weekly ordinary time earnings to the 2020-21 maximum contribution base.
All replies
If you are referring to the SG maximum contribution base, it is set to increase to $58,920 per quarter for the 2021-22 financial year. This amount has been calculated by applying the increase in average weekly ordinary time earnings to the 2020-21 maximum contribution base.