ATO Super Obligation Audits

CHILD CARE, PUBS, BARS, TAVERNS AND INDUSTRIAL CLEANING INDUSTRIES

The ATO will be conducting super obligation audits from 1 July 2015 focussing on employers not making their super contributions for their eligible employees in the child care, pubs, bars and taverns and industrial cleaning industries.

The ATO has issued a letter to employers in these industries to educate and remind them of their super obligations. Key reminders in meeting your super obligations are as follows:

• contribute at a rate of 9.5%;
• make contributions by the quarterly cut-off dates (28 October, 28 January, 28 April, 28 July);
• pay super for eligible contractors, even if the contractor quotes an Australian Business Number;
• keep accurate records;
• give an employee's tax file number to their super fund within 14 days of receiving it; and
• lodge a Superannuation guarantee charge statement quarterly if they haven’t paid the correct amount by the cut-off date.