Super guarantee compliance

The ATO will send more proactive warnings to employers who aren’t complying with their Superannuation Guarantee obligations under an enforcement technique enabled by the use of Single Touch Payroll (STP) by employers.

The ATO recently contacted a small sample of 85 employers identified as not having paid Superannuation Guarantee to their employees per quarter as required. Following contact some 50% of these employers then lodged and paid the outstanding SG to the ATO for their employees.

The ATO have stated they intend to expand this approach to those employers who haven't paid SG to their employees within 30 days after the end of the reporting quarter.

We’d encourage all clients who might have an outstanding balance or are unsure of their obligations to get in touch today 9584 2277.