Employee Super is Due

Dear Employers

Just a reminder that in order to ensure you can claim a deduction for employee super you need to pay it on time.

If you pay it late. it may not be not deductible as an expense to your business. Additionally there is lots of hideous paperwork required to pay any late super direct to the ATO, along with interest and administration charges.

Therefore make sure you note in your diary the 28th October, 28th Jan, 28th April and 28th July as the dates that employee super must be paid by each quarter.

Why not be safe and pay it on the 20th!


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