SG amnesty

Proposed SG amnesty legislation not enacted

If you’ve missed a payment or haven’t paid an employee’s super on time, you are required to lodge a Super guarantee charge statement and pay the super guarantee (SG) charge.

This includes the application of the mandatory administration component of $20 per employee per period to SG charge statements lodged.

The legislation to give effect to the proposed amnesty was introduced into Parliament on 24 May 2018. However, the legislation was not enacted and did not become law when Parliament concluded on 3 April 2019.

What this means for employers

If you took action to get your SG obligations back on track in anticipation of the proposed amnesty, the ATO will write to you to provide further detail.

If you have any concerns in the meantime, please call the team at Notch Above Bookkeeping in Brisbane on 07 3355 6427.

Source ATO


Author Info

Notch Above

We love to put energy and passion back into life by taking away the bookwork drag. With the help of smart systemised bookkeeping systems life can become easier. Notch Above Bookkeeping was founded in 2006 after Jac Gallagher saw the need for small businesses to have access to accurately prepared and up to date financials, enabling owners to make informed financial decisions on their business in a timely manner. Notch Above is a Xero Platinum Partner based in Brisbane QLD servicing business owners and accounting businesses.

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