The legislative and regulatory changes we list here are from Australian territory, state and federal governments, as well as industry regulators such as the Fair Work Commission, Services Australia and the Australian Taxation Office.

New indexed figures for 2022/23
The ATO has published new rates and thresholds that apply to contributions and benefits, employment termination payments, super guarantee and co-contributions.

Cent per km deduction
The ATO is seeking feedback on a Legislative Instrument for increasing the ‘cents per kilometre’ rate for calculating work-related car expenses from the current rate of 72 cents to 75 cents.

Super changes from 1 July 2022
The Treasury Laws Amendment Bill 2021 has received Royal Assent and will become effective from 1 July 2022, it will remove the:

  • $450 per month threshold to expand coverage of super guarantee to eligible employees
  • work test for individuals aged between 67 to 75 years old for making personal and salary sacrificed contributions to their superannuation funds.

Child Support Protected Earnings Amount
From 1 January 2022 the weekly rate for the Child Support Protected Earnings Amount (the part of an employee’s or contractor’s wages that are exempt from child support deductions) is $429.98.

Mental health and wellbeing levy (payroll tax surcharge) in Victoria
The payroll tax surcharge on wages paid in Victoria by businesses with national payrolls over $10 million a year commenced on 1 January 2022. The surcharge is being used to fund mental health and wellbeing support services.

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