Employers have until 28 April 2008 to make super guarantee contributions to a super fund or retirement savings account for the quarter ending 31 March 2008. If employers don’t make these contributions by the due date they will be liable to pay the super guarantee charge (SGC).
Employers liable to pay the SGC must:
pay the charge to us by 28 May 2008, and lodge a Superannuation guarantee charge statement – quarterly (NAT 9599) by 28 May 2008.
Under new super laws, employers must provide an employee’s tax file number (TFN) to their super fund, within 14 days of receiving it, using the new Tax file number declaration (NAT 3092). If they don’t make contributions for employees during that period, they can provide TFNs when they next make a contribution.
Next BAS due
