What to do if you couldn’t pay super on time

Pay your Super

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COVID-19 has had a significant financial impact on small businesses. The regular payments that you’re normally able to keep up with may be missed or not paid in full, such as your employees’ super for the quarter ended 30 June 2020.

By law, the ATO is unable to extend the due date to pay super. If you miss the 30 June deadline, or were unable to pay the full amount, you must calculate the super guarantee charge you owe and lodge a Superannuation guarantee charge (SGC) statement to the ATO by 28 August 2020 to avoid penalties, even if you’re unable to pay in full. It’s important to know that SGC is calculated differently to the regular SG contributions you pay.

You can lodge an SGC statement through the Business Portal by either:

  • using the SGC calculator
  • completing the SGC spreadsheet and attaching it using the mail function.

The ATO will work with you to set up a payment plan that suits your circumstances.

Don’t forget:

  • Even if you use STP, you still need to lodge a SGC statement to report unpaid super.
  • To access the Business Portal you’ll need your myGovID.

If you need further assistance managing your tax and super obligations, contact the ATO’s Emergency Support Infoline on 1800 806 218 or speak with a trusted tax advisor.

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