The legislation enacting the superannuation guarantee amnesty is now live!
Act now before time runs out!
The amnesty ends on 7 September 2020!!
The amnesty wipes out the administration fee and penalty component of the superannuation guarantee charge.
It is important to know the amnesty only applies to unpaid superannuation for quarters ending on or before 31 March 2018. If you have unpaid superannuation relating to time periods from 1 April 2018 onward, you will be liable for the full superannuation guarantee charge.
If you need help working through and determining what are your superannuation obligations, please let us know and we can discuss your options.