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Re: SGC contribution/s in advance ?

Superuser

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Replies 1

Can my company pay a superannuation contribution in July of $27,500 to my fund, and then not be required to pay any further SGC contributions until next financial year ?

AKA, payment of of contributions in advance.

If the answer is yes, please could a reliable reference or authority be included.

Thanks

 

1 ACCEPTED SOLUTION

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Most helpful response

Taxicorn Registered Tax Practitioner

Replies 0

Can my company pay a superannuation contribution in July of $27,500 to my fund, and then not be required to pay any further SGC contributions until next financial year ?

AKA, payment of of contributions in advance.

If the answer is yes, please could a reliable reference or authority be included.

 

Yes  -  up to 12 months:

https://community.ato.gov.au/t5/General-super-questions/Paid-April-Superannuation-in-advance/td-p/70...

1 REPLY 1

Most helpful response

Taxicorn Registered Tax Practitioner

Replies 0

Can my company pay a superannuation contribution in July of $27,500 to my fund, and then not be required to pay any further SGC contributions until next financial year ?

AKA, payment of of contributions in advance.

If the answer is yes, please could a reliable reference or authority be included.

 

Yes  -  up to 12 months:

https://community.ato.gov.au/t5/General-super-questions/Paid-April-Superannuation-in-advance/td-p/70...