The 2014 federal budget deferred the proposed SG rate increase for 3 years with the SG rate to remain at 9.5% for 7 years until 30 June 2021, and then increase by 0.5% each following year until SG reached 12%, from 1 July 2025.
The 2014 federal budget deferred the proposed SG rate increase for 3 years with the SG rate to remain at 9.5% for 7 years until 30 June 2021, and then increase by 0.5% each following year until SG reached 12% July 2025. This was from 1.