If you've missed paying your eligible employees and contractors their SG on time, in full, or to the right fund, you must pay the super guarantee charge (SGC). You'll need to:
- lodge an SGC statement
- pay the SGC amount to us, not the super fund.
SGC is more than the super you would've otherwise paid to the employee's fund. It’s calculated on salary and wages that includes overtime and some allowances, instead of ordinary time earnings. It also includes interest and other fees. SGC is not tax deductible, so it's best that you pay on time.
To avoid additional penalties, you need to lodge the SGC statement within one calendar month of the missed quarterly payment due date each year:
- 28 August
- 28 November
- 28 February
- 28 May.
Our video explains what happens if you fail to meet your super obligations as an employer and provides instructions on how to lodge an SGC statement.
Watch
Media: What is a super guarantee charge statement?
https://tv.ato.gov.au/ato-tv/media?v=bi9or7odhni6g7External Link (Duration: 2:57)
Remember, we have resources available to help you meet your SG obligations. Visit ato.gov.au/superforemployers.
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