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Federal budget 2018: Budget help for high earners to avoid superannuation charges

Joanna Mather
Joanna MatherWealth editor
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A budget measure will make it easier for high-income earners with multiple employers to avoid charges for paying too much into superannuation.

People earning more than $263,157 a year from multiple sources will be able to nominate a single employer to pay the 9.5 per cent of salary that constitutes the super guarantee (SG).

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Joanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com
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    Original URL: https://www.afr.com/personal-finance/superannuation-and-smsfs/federal-budget-2018-help-for-high-earners-to-avoid-charges-20180510-h0zvn8