Guide to superannuation for employers
Over the coming months we will be helping businesses in high risk industries better understand their super obligations. For information to help you understand and meet your super obligations, visithttps://www.ato.gov.au/gettingsuperright
You must make super contributions for an employee if you're considered an employer for super guarantee purposes and your employee is entitled to the super guarantee.
Working out if you have to pay super
You also have to pay super for contractors if the contract is wholly or principally for their labour, and for employees who are temporary residents of Australia.
If you’re a sole trader or partner in a partnership you don’t have to pay super for yourself, but you can make super contributions as a way of saving for your retirement.
Setting up super for a worker
You must pay contributions into a complying super fund or retirement savings account (RSA) and pass on your employee’s tax file number (TFN) to their super fund where you are required to do so. Your eligible employees may be entitled to choose their super fund – if so, you must provide them with a form enabling them to make their choice.