Super Guarantee amnesty

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The super guarantee amnesty ends in September – make sure you’re prepared

The super guarantee amnesty ends in September – make sure you’re prepared The amnesty on companies paying backdated super guarantees comes to an end on 7th September. This amnesty was designed to help companies pay back years of payments that may have gone missing, but without any penalties from the government. If you haven’t yet…

Accounting, Superannuation, Tax Advice, Tax Compliance,

Super Guarantee amnesty, superannuation, Superannuation Guarantee,
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What is the superannuation guarantee amnesty?

If you’re running a business that employs staff, the chances are you need to pay super guarantees. How much you need to pay will vary according to the number of hours the employee works, as well as their earnings. At present, the super guarantee rate is 9.5% of an employee’s earnings. While SG legislation passes,…

Superannuation, Tax Compliance,

Super Guarantee amnesty, superannuation,