Superannuation Guarantee (Administration) Regulations 2018

PART 4 - LIABILITY OF EMPLOYERS TO SUPERANNUATION GUARANTEE CHARGE  

Division 3 - Administrative uplift amounts for superannuation guarantee shortfalls  

SECTION 13D   REDUCTION IF A VOLUNTARY DISCLOSURE STATEMENT IS LODGED FOR THE QE DAY  

13D(1)    
This section applies to reduce the percentage for the QE day by the percentage in column 1 of an item of the following table if the employer lodges a voluntary disclosure statement for the QE day:

(a)    on a day covered by column 2 of that table item (the lodgment day ); and

(b)    before the day an assessment under subsection 36(1) of the Act is made for the employer and the QE day.

Reductions in percentage if a voluntary disclosure statement is lodged for the QE day
	Column 1	Column 2
Item	Reduce the percentage by:	… if the lodgment day is:
1	40%	before the end of the 30-day period starting on the QE day.
2	35%	during the period: (a) starting immediately after the end of the period mentioned in item 1; and (b) ending at the end of the 60-day period starting on the QE day.
3	30%	during the period: (a) starting immediately after the end of the period mentioned in item 2; and (b) ending at the end of the 120-day period starting on the QE day.
4	15%	after the end of the 120-day period starting on the QE day.

Example 1:

If section 13C applies and table item 1 applies, the 60% in subsection 19B(1) of the Act is reduced to 0%.

Example 2:

If section 13C does not apply but table item 2 applies, the 60% in subsection 19B(1) of the Act is reduced to 25%.

Note:

Section 33 of the Act sets out when a statement is a voluntary disclosure statement.