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  • Missed and late payments

    If you don’t pay an employee's super on time and to the right fund, you must pay the superannuation guarantee charge (SGC) and lodge an SGC statement to us. The SGC is not tax-deductible.

    If you miss a payment, because you didn't pay an employee's super on time or to the right fund, you must:

    If you make a late payment you can either:

    • offset late payments against the SGC or
    • carry the late payment forward as pre-payment of a future contribution for the same employee.

    Find out how to lodge and pay your SGC when an SGC statement is required.

    Example:

    Teddy owns and runs a novelty store and has always made sure he pays super for eligible employees. Due to unforeseen circumstances, Teddy misses the super guarantee quarterly due date of 28 April without paying any super to his employees’ funds for the quarter ended 31 March.

    In the process of finding out what to do, Teddy realises that the super guarantee quarterly due date can’t be extended by law. Instead, in order to avoid penalty Teddy must pay the super guarantee charge (SGC) to the ATO for the outstanding super he owes and lodge the Superannuation guarantee charge statement within a month of the quarterly due date (28 May).

    Teddy knows he won’t be able to pay SGC in full, but lodges his SGC statement through the Business Portal for the quarter to the ATO. He sets up a flexible payment plan to avoid additional penalties.

    End of example

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    Last modified: 19 May 2020QC 33750