The superannuation guarantee (SG) amnesty is your chance to catch up on unpaid super without incurring penalties or paying administration fees. This is your last chance to apply for the amnesty as it ends on 7 September 2020.
Once you’ve applied, the ATO will advise you within 14 days which quarters are eligible for the amnesty. They’ll also give you a payment reference number (PRN) to make amnesty payments.
Any amnesty amounts you pay before 7 September 2020 are tax deductible.
If you need your PRN to make a payment before the ATO send it to you, you can get it:
- from a super guarantee charge related statement the ATO sent you for the same ABN
- by requesting it through the Business Portal
- calling the ATO on 1800 815 886 between 8.00am and 6.00pm Monday to Friday.
Remember, you will need to pay in full or set up a payment plan to continue qualifying for the benefits of the amnesty.
The ATO MUST receive your application by 11.59pm on 7 September 2020.
For more information: Superannuation guarantee amnesty
Need help working out your Superannuation obligations? Please contact us.