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Is your employee super up-to-date?

October 4, 2019 By Hawkesbury Bookkeeping

Single Touch Payroll (STP) reporting, combined with improvements in super funds’ reporting through the Member Account Transaction Service (MATS) means that the ATO now has near real-time data to show employers’ compliance with their super guarantee (SG) obligations.

The ATO will use this data to help prevent and correct late or under-payment of employer superannuation guarantee contributions.

If you have not met your SG obligations, the ATO may be making contact to:

  • request lodgment of super guarantee charge statement(s), if you have paid late or under-paid SG obligations in a previous quarter
  • remind you to pay their current quarterly SG obligations by the due date

If you need help in getting your superannuation in order, please Contact Us or Book a Chat.

Information provided by the ATO

Filed Under: ATO, Bookkeeping, Record Keeping, Single Touch Payroll, Superannuation

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