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Minerals Resource Rent Tax Repeal and Other Measures Bill 2013

Schedule 6 Superannuation Guarantee Charge percentage

   

Superannuation Guarantee (Administration) Act 1992

1  Subsection 19(2)

Repeal the subsection, substitute:

             (2)  The charge percentage for a quarter in a year described in an item of the table is the number specified in column 2 of the item.

 

Charge percentage (unless reduced under section 22 or 23)

Item

Column 1

Year

Column 2

Charge percentage

1

Year starting on 1 July 2013

9.25

2

Year starting on 1 July 2014

9.25

3

Year starting on 1 July 2015

9.25

4

Year starting on 1 July 2016

9.5

5

Year starting on 1 July 2017

10

6

Year starting on 1 July 2018

10.5

7

Year starting on 1 July 2019

11

8

Year starting on 1 July 2020

11.5

9

Year starting on or after 1 July 2021

12

2  Application of amendment

The amendment made by this Schedule applies for the purpose of calculations under section 19 of the Superannuation Guarantee (Administration) Act 1992 for quarters starting on or after 1 July 2013.