The government has recognised that superannuation payments can be complicated, and that mistakes happen. So, the government has decided to create an amnesty for employers who've paid late or incorrectly and are facing a Super Guarantee Charge.
As tax expert Michael Jones explains, the amnesty hasn't yet kicked in. Michael outlines the current status of this amnesty and what employers should do now, in the interim. Michael also highlights how easy it is to get into a big mess over super payments if you're not careful.
Audio by Business Essentials. For more business interviews please visit https://www.businessessentials.com.au/