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24 Mar 14 Super guarantee focus on small business

The ATO advises that this year it is working with the management advice and consulting, hairdressing and beauty, and clothing retailing industries to ensure that they meet their super guarantee obligations.

“We want to work with businesses in these industries as they have been identified as being at risk of not meeting their obligations,” Assistant Commissioner Emma Haines said.

“Extra effort is being made to help businesses get super guarantee payments correct, before audit activity focusing on these industries starts in July.

“Businesses must remember to pay the full 9.25% super contribution into their employee’s nominated super fund by 28 April, July, October and January.

“Contractors may also be eligible for super contributions even if they have an ABN,” Assistant Commissioner Haines said.


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