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.

Making contributions

At a minimum, superannuation guarantee contributions must be paid into your employee’s fund every three months.

The ATO have made it mandatory to make these payments by the quarterly cut-off dates below.

Not making payments on time or not paying enough (a super guarantee shortfall), could mean you miss out on your tax deduction and will have to pay interest at 10% per annum, plus a $20 administration fee per employee for every quarter you miss.

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

Payment options

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Quarter Period Cut off
1 1 July – 30 September

28 October

2

1 October – 31 December

28 January

3

1 January – 31 March

28 April

4

1 April – 30 June

28 July

 SuperStream deadlines

31 October, 2015: All employers with 20 staff or more were expected to be fully compliant with the SuperStream standard by this date.

30 June, 2016: All employers, regardless of size, were expected to be fully compliant with the SuperStream standard by this date.

If you need help becoming SuperStream compliant or are unsure of your payment obligations, call us for assistance.

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