Make sure your monthly contributions are in by 22 June, so they're allocated in this financial year.
Have you got your business super sorted for EOFY?
As the end of the financial year approaches, we’d like to remind you of some important deadlines to help you meet your super obligations and make you aware of some key changes.
Your Single Touch Payroll (STP) finalisation declaration is due in July.
For late payments, you may need to submit a Superannuation Guarantee Charge (SGC) statement.
From 1 January 2022, you’ll need to start submitting additional payroll information through Single Touch Payroll (STP).
YOUR DUE DATES CALENDAR
Make sure you don't miss these important deadlines
|WHAT IS DUE?||WHEN IS IT DUE?|
|Any Super Guarantee Charge (SGC) payments owing for 1 Jan - 31 March (Q3) are due||28 May 2021|
Monthly Super Guarantee (SG) payments up until 30 June 2021
|22 June 2021|
|If you have 19 or less employees and haven’t started reporting through STP, you need to start in July||1 July 2021|
|Your STP finalisation declaration is due, if you have 20 or more employees||14 July 2021|
|Last date to make Super Guarantee (SG) payments to avoid a SGC payment||28 July 2021|
|Your STP finalisation declaration is due, if you have 19 or fewer employees||31 July 2021|
Changes to super laws could impact your employees
The Government wants to change super laws that could see workers new to the industry ‘stapled’ to a fund with unsuitable insurance (stapling would link a worker to their first super account, not the one they need in their current job).
Cbus is concerned that proposed new changes to super laws could mean your workers are left without adequate insurance. There are things you can do to help.