Time is running out . If you’re concerned about your ability to make payments due to the financial impacts … The super guarantee (SG) amnesty is a one-off opportunity to correct past unpaid SG amounts without incurring administration charges or penalties of up to 200% of the SG charge. Tax&ComplianceJotham Lian05 September 2018. The Part 7 penalty applied can be remitted below 100% of the SGC. As the end date falls on a weekend, employers will have until 11:59 PM 7 September to disclose, lodge and pay. Employers have until 11.59pm on 7 September 2020, to disclose, lodge and pay unpaid SG amounts and interest charges on the unpaid SG for their employees. 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If we have advised you that your disclosure was eligible for the amnesty, to remain eligible, you must either: The SGC amount payable disclosed in amnesty application forms must be paid to us. Normally, if an employer fails to meet their quarterly SG payment on time, they pay the SG charge (SGC) and lodge a Superannuation Guarantee Statement. The super guarantee (SG) amnesty is now official. If you’re concerned about your ability to make payments due to the financial impacts … SG amnesty announced. The Treasury Laws Amendment (2018 Superannuation Measures No. If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice. Claim tax deductions for payments made before 11.59pm ( your local time zone her she eligible! Advised bob the super guarantee amnesty is super guarantee amnesty opportunity to catch up on any unpaid and! Only made one monthly payment of $ 2,500 the SGC amount and with... 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