The ATO are reminding employers that meeting their obligations to make Superannuation Guarantee Payments is a Quarterly Responsibility.

If an employer misses the Superannuation Guarantee Quarterly Deadline, they must submit a Superannuation Guarantee Charge (SGC) statement to the ATO.

The SGC is payable if an employer:
- Does not pay enough Superannuation Contributions for their eligible employees (at least 9% of their ordinary time earnings);
- Does not pay Superannuation Contributions for the quarter at all
- Does not pay Superannuation to the employer’s chosen superannuation fund
- Pays a Superannuation Contribution to a fund after the cut-off date for payment.

Please Note: Many of the comments in this publication are general in nature and anyone intending to apply the information to practical circumstances should seek professional advice to independently verify their interpretation and the information’s applicability to their particular circumstances.