Superannuation Guarantee Amnesty ends on 7 September 2020.

18th August 2020 |

Superannuation Guarantee Amnesty ends on 7 September 2020.

If you have previously paid all of your employee’s superannuation liabilities in full, you don’t need to do anything.

 

But if you are worried this is not the case, you should speak to us or visit the ATO website at ato.gov.au/sgamnesty to learn more.

If you are eligible for the Amnesty you can pay any previously unpaid superannuation and you will not have to pay any penalties or administration fees. Importantly, you will also be able to claim a deduction for any payments you make before the 7 September 2020 deadline. Conditions do apply.

We understand that you may be concerned that you cannot currently pay the amount owing. If this is the case, you should still apply for the Amnesty to receive the benefits and enter into a payment plan that works for you.

To be eligible for the Amnesty the ATO must receive your application by 7 September 2020.