by Laurene | Mar 4, 2026 | Churches, Not For Profit, Superannuation
Let Benkorp break it down simply. Payday Super means employers must pay their employees’ superannuation at the same time as wages are paid, instead of paying it monthly or quarterly. From 1 July 2026: Superannuation must be processed each pay run; Superannuation...
by Que Jones | Apr 26, 2022 | Church finance services, Churches, Financial Management, Superannuation
The 2022 Federal Budget made some changes to the superannuation that are relevant to small-medium Churches and Not for Profit organisations. 1. Superannuation Guarantee (SG) contribution for low-income earners The $450 monthly earnings threshold for superannuation...
by Que Jones | Oct 13, 2021 | Churches, Financial Management, Not For Profit, Superannuation
Background Superannuation contributions are being simplified with the aim of helping employees maintain their superannuation benefits throughout their working life. It means that the employee can be sure that their employers’ contributions will go to one fund of their...
