Why you should pay super guarantee on time
If you don't pay an employee's minimum super guarantee amount on time and to the right fund, you must:
- lodge a super guarantee charge (SGC) statement to us
- pay the SGC to us.
The SGC is more than the super you would have otherwise paid, including:
- super guarantee shortfall
- calculated on salary and wages (including any overtime)
- any choice liability, based on the shortfall and capped at $500
- nominal interest of 10% per annum (accrues from the start of the relevant quarter)
- an administration fee of $20 per employee, per quarter.
- not tax deductible.
SGC payment and lodgment dates
The due date for SGC payment and lodging the statement is one calendar month after the super guarantee due date.
Quarter | Super guarantee payment due date | SGC payment and statement due date |
|---|---|---|
1 July to 30 September | 28 October | 28 November |
1 October to 31 December | 28 January | 28 February |
1 January to 31 March | 28 April | 28 May |
1 April to 30 June | 28 July | 28 August |
For due dates that fall on a weekend or public holiday, you can make the payment and lodge the SGC statement on the next business day.
How to lodge and pay the SGC
For information on how to lodge and pay the SGC refer to The super guarantee charge.
Why you should lodge the SGC statement on time
When you lodge on time, you can access our support services and get help with paying. If you can't pay in full, but you lodge by the due date, you may be able to set-up a payment plan to pay in instalments.
If you miss a due date, interest for paying super will accrue until you lodge your SGC statement. Nominal interest is part of the SGC and, by law, cannot be reduced or waived.
How we collect SGC debts
We prioritise the collection of unpaid SGC debts. We will work with you to address outstanding amounts. If you don't engage with us we will take stronger action which can include additional penalties.
If an employee reports you for unpaid super, we will start an investigation on their behalf. We will keep them informed of the investigation and the progress of our debt recovery actions.
If we find or reasonably suspect that you have not met your obligations, we may inform all your affected employees and any former employees.