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JJKiendday(I'm new)I'm new
15 Apr 2026

Hi there,


I have a question regarding the timing of paying the SGC once the statement has been submitted.

I assume that a payment should be made within the same day or as stated in Super guaranteed charge statement completion guides straight away but it also states that I would need the payment reference number (PRN).


Would I get the PRN straight away once submitting the SGC statement, so that the funds can be send on the same day?


Could I get help to understand how this would affect the interest rate calculated on the statement if the transaction would not be happening on the same date of submission?


Thanks

50 views
1 replies
50 views
1 replies

All replies

KaraATO(Community Support)Community Support
15 Apr 2026

Hi @JJKiendday,


You'll receive your payment reference number (PRN) after you lodge your SGC statement, as a dedicated account will be created. You should be able to find your PRN through your ATO online services for businesses. If you've previously lodged SGC statements, then you'll use the same PRN as last time.


Regarding interest, the nominal interest component is calculated from the first day of the quarter to the:

  • later of the quarterly due date, or
  • date the quarterly SGC statement is received by us.

This means if you lodge your SGC statement after the due date, nominal interest will continue to accrue until the date you lodge the statement. Once you become liable to pay SGC, nominal interest accrues and by law cannot be reduced or waived.


You can minimise the general interest charge (GIC) that accrues on any outstanding SGC by making your payment straight away after lodging your statement.

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SGC Statement submitssion and the payment of the due funds | ATO Community