Search
Contact
Login
Share this article
Mandatory superannuation payments for employees will increase from 9.5% to 10% on July 1. The payment increase has the potential to breach employer payment obligations for sponsoring foreign nationals.
Key Points:
BAL Analysis: A drop in an employees’ annual earnings from an approved 457 or 482 nomination means that a business may be breaking its sponsorship obligations required by law. This kind of breach in obligation has the potential to affect a business’ ability to sponsor foreign nationals in the future, and responsible parties may face financial and/or criminal penalties. Sponsors should ensure that any change to superannuation does not decrease the payments to sponsored visa holders below the level stipulated in the nomination. If unsure, sponsors are encouraged to consult their immigration provider before lowering annual earnings.
This alert has been provided by Berry Appleman & Leiden. For additional information, please contact berryapplemanleiden@balglobal.com.
Copyright © 2021 Berry Appleman & Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries please contact copyright@balglobal.com.
The Office of Foreign Labor Certification (OFLC) published the randomized assignment groups for H-2B visa applications submitted July…
The State Department recently published the Report of the Visa Office 2024 showing a steady climb in both immigrant visa…
The reconciliation bill H.R.1, aka “One Big Beautiful Bill Act,” signed into law on July 4, includes several immigration-related…
The Department of Homeland Security announced the termination of Temporary Protected Status (TPS) for both Honduras and Nicaragua,…