SGC Age Limit

The SGC age limit refers to the age of an employee who is eligible to receive mandatory employer super contributions. Superannuation Guarantee Contirbutions (SGC) are required to be paid by an employer into an employee’s super account. SGC must be paid by the...

Work Test SMSF

The SMSF work test relates to member contributions into a self managed superannuation fund (SMSF). A SMSF has two phases: accumulation phase and pension phase.   Super contributions can only be made to an accumulation account. This is a tax-effective way to accumulate...

Superannuation Work Test

Meeting the Superannuation Work Test is required for members who have reached age 65 and wish to make or receive certain contributions. The Government did not make any changes to the superannuation work test from 1 July 2017. Members under age 65 are not required to...