newpay PAYROLL
ONE STOP PAYROLL & HR SOLUTION
SUPERANNUATION
Under the Australian Government's Superannuation Guarantee law employers must pay superannuation contributions for all eligible employees earning over $450 per month. This timely government obligation is often overlooked by small to medium businesses and can result in costly penalties and disputes.
Allow Newpay Payroll to take the fuss out of reporting and paying your business superannuation guarantee obligations. Wether you pay monthly or quarterly, Newpay Payroll will manage the recording and coding of all the various super funds chosen by employees.
Newpay Payroll will ensure you pay the correct amount (did you know it is increased to 9.25% after July 1, 2013), that you only pay the superannuation guarantee on the ordinary earnings (not overtime and penalties), establish employer accounts with new super funds as required and ensure it is reported and paid by the Government due date.
“Newpay Payroll takes care of our monthly Superannuation Guarantee recording and reporting. The Government’s requirement to have this reported to the employee’s nominated fund and paid on time each month become a time consuming task. Now Newpay just send me a report to confirm it has all been completed and it is one less bit of red tape I have to worry about.”
John Hatzifotis, Cleveland Mitre 10