In this guide
Employers have lots of responsibilities and a business to keep on track, so it may be tempting to put off reporting and paying super contributions for your employees until another day.
But it’s important to remember that if you don’t meet your Superannuation Guarantee (SG) obligations you are breaking the law.
There are penalties for not paying on time and if you continue avoiding your responsibilities, the tax man is likely to impose some extra penalties that can hit both your business and your personal wallet.
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