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ATO reminds businesses to avoid disqualification from SG amnesty

Adrian Flores
Adrian Flores
18 January 2021 1 minute readShare

The Australian Taxation Office has reminded businesses to pay disclosed amounts of unpaid super to employees, or else be disqualified from the super guarantee amnesty.

In a recent notice, the ATO reminded businesses that disclosed unpaid super and qualified for the SG amnesty that they must either pay in full any outstanding amounts they owe or set up a payment plan and meet each ongoing instalment amount.

Businesses that have and continue to qualify for the SG amnesty can only claim a tax deduction for amounts paid on or before 7 September 2020.


For businesses setting up a payment plan, their tax agent can use the ATO’s online portal if the business has an existing debit amount under $100,000 (total balance or overdue amounts), does not already have a payment plan for that debit amount, and has not defaulted on a payment plan for the relevant account more than twice in the past two years.

Qualified businesses must meet each ongoing instalment of the payment plan to continue to qualify for the amnesty, the ATO said.


Businesses that are disqualified from the amnesty will be notified in writing of the quarter they are disqualified for, and be charged an administration component of $20 per employee for each disqualified quarter.

Further, they will have their circumstances considered when deciding a Part 7 penalty remission and be issued with a notice of amended assessment.

“We are sending reminders to your clients who made amnesty disclosures to pay their disclosed amounts if they have not previously engaged with us,” the ATO said on its website.

“Your eligible clients will have 21 days to avoid being disqualified from the amnesty.”



ATO reminds businesses to avoid disqualification from SG amnesty
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Adrian Flores
Adrian Flores

Adrian Flores is the deputy editor of MyBusiness. Before that, he was the deputy editor for SMSF Adviser as well as features editor for ifa (Independent Financial Adviser), InvestorDaily, Risk Adviser, Fintech Business and Adviser Innovation.

You can email Adrian at [email protected].

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