If you haven’t paid the right amount of super guarantee (SG) to your workers, the SG amnesty is the time to come forward. If you disclose your SG shortfalls during the amnesty, you can rectify past unpaid SG without incurring charges or penalties.
Have a look at this brochure from the ATO regarding SuperStream in order to make sure you and your business are compliant.
From 01 July 2015 ALL employers must send their contribution data and payments in an electronic format. It is expected that by 30 June 2016 all employers have finished implementing this system.
WOLLONGONG:
Suite 1/118 Auburn Street, Coniston NSW 2500
PO Box 1490, Wollongong NSW 2500
(02) 4228 0011