The ATO has introduced a superannuation guarantee amnesty. Employers that want to participate in the amnesty need to apply by 7th September 2020.
If you are unable to pay the liability as a result of COVID -19 the ATO will work with you to establish a payment plan to pay your liability.
With the AAT upholding the ATO’s Superannuation Guarantee Charge (SGC) assessment of a contractor and ordering the employer to backpay 5 years of Superannuation Guarantee now is the time to assess if you are liable to pay SGC for your contract trainers.
If you’d like to discuss this with us contact us on 1300 724 608 or [email protected]