03 Jun 09 Review of ATO administration of Superannuation Guarantee ChargeOn 2 June 2009 the Inspector-General of Taxation released the Terms of Reference and Consultation Plan for his inquiry into the ATO's administration of the superannuation guarantee charge (SGC). The inquiry follows on from the announcement by the Minister for Superannuation and Corporate Law, Senator Nick Sherry, on 29 May 2009, of the review into the governance, efficiency, structure and operation of Australia’s superannuation system. The Inspector-General's review will examine the ATO's administration of the SGC, including identifying the level of non-compliance and assessing the ATO's risk and detection mechanisms. It will also examine the ATO's track-record in both actioning employee complaints about their employers and collecting unpaid superannuation guarantee.
For a copy of the Terms of Reference and Consultation Plan go here.