Directors on ‘hit list’ for not paying employee super

Proposed legislation would see the AT pursue criminal charges against Directors who fail to meet their superannuation guarantee (SG) obligations.

At present under-reporting or non-payment of SG is usually discovered when the employer misses the quarterly payment schedule or from the ATO’s hotline.

Key changes will include:

  1. The ATO forces you to be educated about your SG obligations
  2. Criminal penalties for failure to comply with a direction to pay
  3. ATO will tell you if an employer is under paying or not paying SG

Stay tuned for further updates….