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02 Mar 09 ATO extends deadline for SGC in disaster declared areas

In a media release issued on 27 February 2009, the Commissioner, Michael D’Ascenzo, announced an extension to the deadline for current superannuation guarantee charge (SGC) statements for people in natural disaster affected areas in Victoria, Queensland and New South Wales. The deadline for superannuation guarantee charge statements for the quarter ending 31 December 2008 has been extended from 2 March 2009 to 28 May 2009.

“However, I do not have discretion in relation to the nominal interest component of the charge which is charged to employers who have not made contributions to a fund on time,” Mr D’Ascenzo said. Nominal interest is passed on to an employee’s super fund to compensate the employee for late payments made on their behalf to their super fund by their employer.

In a broadcast message issued the same day, the ATO informed tax agents of the deferral.

For a copy of the ATO media release, No 2009/14, go here.

For a copy of the ATO broadcast, 27 February 2009, go here.

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