Knowing when and how often you need to pay super contributions will help you avoid penalties. Here’s where you’ll find all the relevant dates about managing super.
Deadlines for SG contributions for the FY18/19 financial year is Friday, 21 June 2019. Failing to meeting this deadline can impact members concessional and non-concessional contribution caps for the financial year. Contributions can take between three (3) and five (5) business days to be processed, however processing delays may occur if data supplied has errors. Payments received into the fund's bank after the deadline will be treated as being received in the 2019/20 financial year, affecting members concessional and non-concessional caps for that financial year.
We recommend that our employers schedule super payments on a monthly cycle to ensure they are never at risk of missing the deadlines below.
Super guarantee quarterly due dates
|1||1 July – 30 September||
1 October – 31 December
1 January – 31 March
1 April – 30 June
If you are unsure of your super obligations, call us on 02 4298 6013.
Single Touch Payroll key dates
1 July 2018: Large employers with 20 or more employees were expected to be reporting through Single Touch Payroll, or have applied to the ATO for a later start date.
1 July 2019: All employers, regardless of size, are expected to be reporting through Single Touch Payroll, or have applied to the ATO for a later start date.
31 October, 2015: All employers with 20 staff or more employees were expected to be reporting through Single Touch Payroll, or have applied to the ATO for a later start date.
30 June, 2016: All employers, regardless of size, were expected to be fully compliant with the SuperStream standard by this date.