When to pay
Timing is everything
For convenience, you can make your Superannuation Guarantee (SG) payments weekly, fortnightly, monthly or quarterly.
But remember, by law they must be paid at least quarterly.
What are the quarterly due dates?
| The SG quarterly payment dates are: | |
|---|---|
| Financial quarter | Due date each year |
| 1 July – 30 September | 28 October |
| 1 October – 31 December | 28 January |
| 1 January – 31 March | 28 April |
| 1 April – 30 June | 28 July |
What if I miss the quarterly cut-off dates?
If your SG contributions aren’t received by the due date, the Superannuation Guarantee Charge will apply. This comprises your super payments, plus interest, plus an admin charge - so try to pay your super on time!
You’ll need to lodge a Superannuation Guarantee Charge statement form NAT9599 and pay the charge amount to the ATO by these dates.
| Superannuation Guarantee Charge payment dates: | |
|---|---|
| Financial Quarter | Due date each year |
| 1 July – 30 September | 28 November |
| 1 October – 31 December | 28 February |
| 1 January – 31 March | 28 May |
| 1 April – 30 June | 28 August |
If you pay SG contributions after the due date, you may be able to use those late contributions to offset the amount of the charge. This late payment offset is subject to conditions and time limits. For more information contact the Australian Tax Office on 13 10 20 or visit www.ato.gov.au.
Need more help?
If you’d like to find out more about when and how to pay your SG contributions, just give our employer support team a call on 1300 65 18 65.