I think I understand the SGC payment and lodgment dates table, but want to make certain.
I'm a bit unsure about the "Super guarantee charge and statement due date" deadline. What happens if that date is missed?
Here are some actual examples and dates.
A superannuation payment into my account dated 30th January 2023 for payment period "28 November 2022 - 25 December 2022". This is after 28th January, but that date fell on a Saturday. According to the SGC information "For due dates that fall on a weekend or public holiday, you can make the payment and lodge the SGC statement on the next business day."
Should that payment have been reported with an SGC statement? Maybe it's an edge case?
Some further examples - these ones all look to be to be beyond the "Super Guarantee payment due date", and some are beyond he "SGC and statement due date".
Payment period Due Date Payment date
26th September 2022 to 30th October 2022 28th October 16th December 2022
29th August 2022 to 25th September 2022 28th October 8th November 2022
30th May 2022 to 26th June 2022 28th July 4th August 2022 -
I can't understand how a large company could apparently make such a silly mistake in 3 consecutive quarters. I'm questioning my understanding of the rules. Surely they know more about this than I? How can this be?
Furthermore, if my understanding is correct, and these payments are overdue, the superannuation fund has these dates in their records. They could very easily, automatically search their records for breaches of SGC deadlines, and report the breaches to the ATO. I'm curious why that (apparently) doesn't happen? Does the ATO get the same information as the super funds?
How does the employee know if an employer has lodged an SGC statement?
1,665 views
1 replies