Superannuation Guarantee and Sub-contractors

You must pay super contributions to a complying super fund for all eligible employees by the quarterly deadlines. These contributions are in addition to the employees' salaries and wages, and must be calculated based on ordinary time earnings.

You also need to pay super contributions for contractors you pay under a contract for labour, because they are considered employees for the purpose of super guarantee. This includes contractors who quote an Australian business number (ABN).

Copyright 2014. My Tax Zone.