When to pay?
Rest recommends making monthly payments. Employers that aren’t required to contribute on a monthly basis under an award or industrial agreement can choose to make quarterly contributions. The SG deadline date is set 28 days after the end of each quarter:
| Period | SG payment due date | |
|---|---|---|
| 1 July – 30 September | 28 October | |
| 1 October – 31 December | 28 January | |
| 1 January – 31 March | 28 April | |
| 1 April – 30 June | 28 July |
| Period | 1 July – 30 September |
| SG payment due date | 28 October |
| Period | 1 October – 31 December |
| SG payment due date | 28 January |
| Period | 1 January – 31 March |
| SG payment due date | 28 April |
| Period | 1 April – 30 June |
| SG payment due date | 28 July |
Failure to pay super can result in the ATO applying a penalty known as the SG charge. It may include the SG shortfall, interest and an administration fee which is not tax deductible and will result in an added expense to your business.