In this guide
If you’re an employer, keeping good records about the Superannuation Guarantee (SG) contributions you make on behalf of your employees is essential.
Like most business records, you must maintain detailed information about all the super contribution payments you make and their supporting calculations if you don’t want to run into problems with the ATO down the track.
What are the basics of business record-keeping?
A business record is all about recording, managing and substantiating any transaction conducted by your business.
It’s the same with the super and tax-related transactions you completed to meet your legal obligations to your employees.
Join SuperGuide to continue
Future you will thank you
Save tax, boost your super and set yourself up for a better retirement
- Step-by-step guides
- Up-to-date super rules
- Tips and strategies
- Checklists and how-to guides
- Calculators and quizzes
- Case studies and Q&As
- Super and pension fund rankings
- Monthly webinars and newsletters
Leave a Reply
You must be logged in to post a comment.