On-Costs
Oncosts associated with Salaries
NSW Oncosts
(effective date 01/01/2021)
|
Non -Casuals | Casuals |
With contributory super
|
||
Employer Contribution for Super | 17.00% | 9.50% |
Payroll Tax on salaries & allowances | 4.85% | 4.85% |
Payroll Tax on Super (17.00% × 4.85% or 9.50% × 4.85%) | 0.82% | 0.46% |
Workers Compensation | 0.20% | 0.20% |
Provision for Long Service Leave | 4.50% | |
Leave Loading | 1.34% | |
NSW Total | 28.71% | 15.01% |
ACT Oncosts
(effective date 01/01/2021)
|
Non -Casuals | Casuals |
With contributory super
|
||
Employer Contribution for Super | 17.00% | 9.50% |
Payroll Tax on salaries & allowances | 6.85% | 6.85% |
Payroll Tax on Super (17.00% × 6.85% or 9.50% × 6.85%) | 1.16% | 0.65% |
Workers Compensation | 0.20% | 0.20% |
Provision for Long Service Leave | 4.50% | |
Leave Loading | 1.34% | |
ACT Total | 31.05% | 17.20% |
A Payroll Tax of 4.85% is applicable to employer superannuation contributions payable by the Faculty/School/Division.
Oncosts for Termination Payments
Oncost
|
UNSW | |
---|---|---|
|
1/07/2020
|
|
Annual Leave
|
Payroll Tax + Workers Compensation
|
4.85% + 0.2%
|
Long Service Leave Pre 78 (Lump Sum B)
|
Payroll Tax + Workers Compensation
|
4.85% + 0.2%
|
Long Service Leave Pre 93 (Lump Sum A)
|
Payroll Tax + Workers Compensation
|
4.85% + 0.2%
|
Long Service Leave Post 93 (Lump Sum C)
|
Payroll Tax + Workers Compensation
|
4.85% + 0.2%
|
Leave Loading | Payroll Tax + Workers Compensation | 4.85% + 0.2% |
Lump Sum C
|
Payroll Tax only
|
4.85%
|
Lump Sum D
|
Payroll Tax + Workers Compensation
|
Nil for both
|
Superannuation
New rates for compulsory super payments
Start Date | Super guarantee rate |
---|---|
1 July 2014 | 9.5% |
1 July 2021 | 10% |
1 July 2022 | 10.50% |
1 July 2023 | 11% |
1 July 2024 | 11.5% |
1 July 2025 | 12% |
Further Information of assistance:
REF: UNSW Professional Staff EBA Agreement 2018.
13.0 Superannuation (i) (d) or contact your Human Resources Consultant if further information is required.