Revived super amnesty gives employers the chance to fix past payment errors

As you are probably aware, the Australian Taxation Office (ATO) has been following up with employers on unpaid or late super contributions. Businesses are being given the opportunity to come forward to avoid penalties that may have otherwise applied.
A bill has been reintroduced into parliament which, if passed, will give employers the opportunity to fix any past SG payment errors.
If the bill passes without amendments, the amnesty period will start from 24 May 2018 and end six months from the date it receives Royal Assent.

Employers can avoid penalties during the amnesty period

During the amnesty, businesses will be able to pay any unpaid super in full, including interest, and avoid late payment penalties.

The amnesty was originally announced in May 2018, but the legislation did not pass the last parliament. The government says that since the proposed amnesty was announced, more than 7,000 employers have come forward to voluntarily disclose historical unpaid super.

Current law

Under the existing law, if an employer has missed an SG payment or hasn’t paid an employee's super on time, they’re required to lodge an SG Charge (SGC) statement with the ATO and pay the SGC on any shortfall amounts. These payments are not tax deductible.
If you’re unsure of what action to take, you can contact the ATO on 13 10 20 or to ensure you’re paying the right amount of super to the right employees you can run a quick check of your super obligations.

This website is provided by Retail Employees Superannuation Pty Limited ABN 39 001 987 739, AFSL 24 0003 (Rest), trustee of Retail Employees Superannuation Trust ABN 62 653 671 394 (Fund), of which Rest Super, Rest Corporate, Rest Pension and Acumen are part. It contains general advice that has been prepared without taking account of your objectives, financial situation or needs. Before acting on the information or deciding whether to acquire or hold a product, consider its appropriateness and the relevant Product Disclosure Statement (PDS), which is available on this website. The cost of providing financial services is included in the fees in the Fund as disclosed in the relevant PDS. Rest and the Fund do not charge any additional fees or obtain any commissions for the advice provided. Rest’s employees are paid a salary and do not receive any commissions. They may receive a performance related bonus that takes into account the financial services provided. Super Investment Management Pty Limited (ABN 86 079 706 657, AFSL 240004), a wholly owned subsidiary company of Rest, manages some of the fund’s investments. Apart from this, Rest does not have any relationships or associations with any related body corporate or product issuer that might reasonably be expected to be capable of influencing Rest in providing financial services.

Rest personal advice is provided by Rest Advisers as authorised representatives of Link Advice Pty Ltd ABN 36 105 811 836 AFSL 258145

Awards and ratings are only one factor to consider when deciding how to invest your super. Further information regarding these awards can be found at Past performance is not an indicator of future performance. SuperRatings Pty Limited does not issue, sell, guarantee or underwrite this product. Go to for details of its ratings criteria. For further information about the methodology used by Chant West, see