Paying super on expanded government paid parental leave (April 2024 Tax Update)

Relevant For:

HR managers, and employees planning for parental leave.

Key Points:
  • From 1 July 2025, the Australian Federal Government will include superannuation contributions in paid parental leave payments, managed by the ATO.
  • This initiative includes avoiding placing an administrative burden on employers for these superannuation payments.
  • This reform is part of an effort to extend the Paid Parental Leave Scheme to a full six months by 2026.
  • Paid parental leave will increase to 22 weeks from July 2024, 24 weeks from July 2025, and 26 weeks by July 2026.

April 2024 Tax Update:

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