Super payment bounced back to bank account

Question

 · Accepted Answer

JodieR_ATO · Answer

You can use practice statement PS LA 2007/1 (GA) (https://www.ato.gov.au/law/view/document?docid=PSR/GA20071/NAT/ATO/00001). This is applicable when you did all that was reasonably expected of you by the quarterly cut-off date and the SG payment was sent back to you and you've since paid it into the employee or ex-employee's super fund. In this regard you wont need to complete a SGC statement. Just keep an SG record that you applied the practice statement guidance.

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