Your super obligations

The ATO is focussing on helping employers in understand their super obligations.

Common mistakes the ATO are seeing employers make include:

• paying insufficient super contributions;
• missing the quarterly cut-off dates (28 October, 28 January, 28 April, 28 July);
• not understanding that in some circumstances super should be paid for contactors, even if the contactor quotes and Australian business number;
• not keeping accurate records;
• not passing an employee’s tax file number on to their super fund;
• not lodging a Superannuation guarantee change statement if they:
  • have not paid their employees’’ super to the fund by the due date;
  • have paid it late; or
  • don’t pay the correct amount.