Hello,
I am seeking some general guidance regarding Superannuation Guarantee Charge (SGC) assessments and the use of an authorised clearing house (Australia QuickSuper).
Our organisation processed superannuation contributions through Australia QuickSuper Clearing House for the SG periods that are now subject to a Notice of Assessment from the ATO for SG shortfall.
In reviewing this situation, I have a few questions that I hope the community or ATO representatives may be able to clarify:
- When super contributions are submitted through an ATO-authorised clearing house such as Australia QuickSuper, how does the ATO determine the official payment date for the purposes of SG compliance?
- Is it based on the submission date to the clearing house, the date funds leave the employer’s bank account, or the date the super fund receives the contribution?
- Clearing houses commonly indicate that processing can take up to several business days (often around five) to distribute funds to individual super funds. However, QuickSuper has advised that they do not provide a formal legal document guaranteeing this processing timeframe.
- In that situation, how should employers reasonably ensure compliance with SG deadlines when using an authorised clearing house?
- If an employer receives an SGC Notice of Assessment, what is the correct process to obtain the employee-level breakdown of the SG shortfall by quarter, so that the figures can be reconciled with payroll and clearing house records?
I am asking in a general sense to better understand how employers should manage SG obligations when contributions are processed through an authorised clearing house.
Any guidance from the community or ATO representatives would be greatly appreciated.
Thank you.
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