Subject to new law, a Superannuation Guarantee (SG) Amnesty is available to employers until 23 May 2019 – giving you the opportunity to make catch-up SG payments without penalty.
The legislation has not been passed but you can access this Amnesty now.
The Amnesty does not apply to SG payments due after 1 April 2018.
Employers who are not up-to-date with their SG payments and who don’t come forward during the Amnesty may face higher penalties in the future.
Check you have correctly paid SG for all your employees.
If you haven’t, complete the form and make the catch-up payments. If you are unable to pay the ATO will work with you to arrange a payment plan. If you can pay in full, pay directly to the fund.
Find out more here.
If you have any questions or need assistance please contact Toni Brunsgard of our office on 9387 5637.
Source: ATO Small Business Newsroom
Mark has helped us immensely to understand our financial position, these guys are not just tax agents, they fully understand all aspects of business.
Daniel and his team at Tactica Partners have been taking care of me, my family and my company's accounting needs and I highly recommend him and the team. They've made getting tax done so easy and Daniel is an amazing accountant and extremely thorough and helpful.
…very professional, well prepared and organised. They have given us great business and personal tax advice, offered us good business insights, and more general personal planning advice too.
They continually deliver on all aspects of their service offering. …..we appreciate the substantial assistance they have provided in managing our bookkeeping function and providing proactive tax and accounting advice. We value their ongoing input in helping us strive for continual improvement on our reporting processes and delivery of timely information to our US office.
At last! An accountant who has "not" had a totally successful charisma bypass operation! Sensible and knowledgeable advice. Excellent!
Mark H and Helen have given us wonderful support for our family and business accounting for several years now. When I got my first invoice I grumbled……. not now. We can see the savings and feel the security for ourselves.