The ATO will be provided with additional funding for a Superannuation Guarantee non-compliance crack
Further to the Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP recent press release, we are working closely with the ATO to ensure the transition to Real Time Reporting is as seamless as possible.
The Government will provide the ATO with additional funding for a Superannuation Guarantee Taskforce to crackdown on employer non-compliance. The package builds on legislation already announced to close a legal loophole used by unscrupulous employers to short-change employees who make salary-sacrifice contributions to their superannuation.
The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, said employers’ failure to meet their SG obligations to their employees has been a problem ever since the SG was introduced in 1992.
“Employers who deliberately do not pay their workers’ superannuation entitlements are robbing their workers of their wages. This is illegal and won’t be tolerated,” Minister O’Dwyer said.
All of e-PayDay's products have been updated to support Single Touch Payroll and further development is being continually undertaken.
Read the Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP recent press release.