Super Guarantee due 28th Jan 2021

For those employers who have not yet paid the superannuation guarantee (SG) for your employees for the October to December quarter 2020, the ATO has advised that the last day for payment is tomorrow: Thursday, 28th January, 2021.

To quote the ATO website:

“We understand your business may continue to experience the impact of COVID-19 in the new year, and you may have missed regular super guarantee (SG) payments, paid late or not paid in full. This includes your employees’ SG for the quarter ended 31 December 2020, which must be received by your employees’ fund by Thursday 28 January 2021.

By law, we can’t extend the due date to pay super. If you missed the 28 January deadline to pay your quarterly SG contributions, you need to lodge a superannuation guarantee charge statement to us by Monday 1 March 2021 to avoid penalties. If you have partially paid or can’t pay your SG in full, we can work with you to set up a payment plan that suits your circumstances.”

For more information, visit the ATO website at https://www.ato.gov.au/Business/Business-bulletins-newsroom/Employer-information/Missed,-underpaid-or-late-super-payments/?ct=t(DU270121)

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