Superannuation Resources

For your guide to superannuation scroll through the following resources.

Superannuation, all you need to know

The ATO have prepared an extensive document to assist employers with determining:

• If they need to pay super
• Who is eligible for super
• How much to pay &
• When to pay

This and more can be found by clicking here : Super for Employers

Due Dates for Super Payments

Super needs to be paid at the very least once each quarter. It is recommended that super be paid frequently to help you stay on top of your super payments and to ensure you are always compliant.

Super is due in accordance with the following payment dates:

It should be noted super is only taken to be paid when the funds are received by the fund. If you use a super clearing house that is not the ATO Super clearing house you should allow at least one week prior to the due dates to ensure the funds are still transmitted to the employees fund in time.

Late Paid Super

If you have not paid super on time the ATO will require you to complete and lodge a Super Guarantee Charge Form. The Form should be lodged with the ATO as soon as you have realised that you have failed to pay on time.

The ATO have due dates in place for these forms, and failure to meet the due dates can result in further and greater penalties being imposed. Furthermore, the super that is paid late will become non-deductible business expenses.

Due Dates for Super Guarantee Charge Form:

Download your copy of The Super Guarantee Charge Form Here : Super Guarantee Charge Form
Failure to lodge the Super Guarantee Charge Form will result in interest being charged until the date of lodgement even if the super has already been paid.