As a business owner for a Company, am I bound by law to pay myself Super?

Question

 · Accepted Answer

JodieR_ATO · Answer

If you're the director of a company, then you're entitled to super guarantee (SG). So, the answer is Yes, you'll need to pay yourself SG if you're the director of your company. Employees are also entitled to SG as are eligible contractors. You can check out Super for Employers (https://www.ato.gov.au/business/super-for-employers/work-out-if-you-have-to-pay-super/#Selfemployed) - Work out if you have to pay - self-employed. Under Eligibility it includes > a company director.

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