The super contributions you make as an employer are an essential part of your employee’s retirement savings and long-term financial security, and especially important in these uncertain and challenging times.
AustralianSuper works alongside businesses to support the timely payment of super in a number of ways. A free super clearing house, administration support and regular updates on legislative changes are some of them.
We also keep track of super payments and get in touch when things appear to be running late with the aim of supporting you to meet your legal obligations under Super Guarantee (SG) legislation.
It’s all part of our commitment to helping members achieve their best possible retirement, so you can stay focused on the day-to-day needs of running a business.
Received a letter about late payment but don’t need to pay super?
Your super obligations
Employers are required to pay super for eligible employees from the day they start employment with your business. Payment must be made by the quarterly due dates displayed in the table below.
Period | SG tax deductibility deadline |
---|---|
1 July - 30 September | 28 October |
1 October - 31 December | 28 January |
1 January - 31 March | 28 April |
1 April - 30 June | 28 July |
Frequently Asked Questions
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What is the SG rate from 1 July 2024? @headerType>
The SG rate from 1 July 2024 is 11.5%. -
Why am I being contacted by IFS Unpaid Super? @headerType>
If your super payment remains unpaid and you don’t reach out to us, you may be contacted by Industry Fund Services (IFS) Unpaid Super. They will work with you to bring your payments up-to-date.
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What is the minimum amount an employee needs to earn before I am required to make SG payments? @headerType>
From 1 July 2022, the $450 minimum monthly income threshold was removed. This means workers will be entitled to receive employer super regardless of how much they earn. However, workers under the age of 18 will need to work more than 30 hours in a week to be entitled to super, unless they’re covered by a workplace agreement that states otherwise. -
My business won’t be able to make the entire payment. What can I do? @headerType>
The ATO has advised businesses to pay as much super as possible by the due date, as this will reduce the super guarantee charge. You won’t pay a penalty if you lodge a SG Charge Statement with the ATO and pay the charge within one month.
If you can’t pay the SG charge, you can find out how to set up a payment plan with the ATO.
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What to do if your circumstances have changed @headerType>
Please let us know all old and new company details to identify the account.
Your circumstances What to do No payment required for all or part of the period. Submit an Employer contribution no super payment required form to let AustralianSuper know you have no further obligations. Staff changes from the last period. Please contact us to advise of any staff changes, including termination dates for relevant employees. No staff left with AustralianSuper. Contact us to advise that you no longer have any employees with AustralianSuper and confirm the date of the last contribution owed. Staff with irregular work patterns. This may include casual and seasonal workers. Submit an Employer contribution no super payment required form to let us know. This can also be used for dates in the future. You’ve changed ABN or your business has multiple entities. If one of these entities is now making payments under this employer number or if employees are being paid under a new ABN, contact us so we can update our records. Your business has ceased trading. Contact us to advise when your business ceased trading. You use another clearing house for payments. Submit an Employer contribution no super payment required form. -
Can a business claim a tax deduction for SG payments made? @headerType>
Businesses can claim a tax deduction for SG payments made on behalf of employees in the financial year they were made.
Missed payments may attract the super guarantee charge (SGC), which is not tax-deductible.
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What should I do if I am unable to meet my SG obligations? @headerType>
If you are experiencing difficulties meeting your super obligations, please contact the ATO directly on 13 10 20. We have no authority to extend or change the legislated due date for SG payments as your SG obligation is to the ATO. -
What should I do if I had no AustralianSuper members employed during the quarter? @headerType>
The simplest way for you to do this is to submit an Employer contribution no super payment required form.