A Senate Committee inquiry into the proposed Super Guarantee amnesty has split along party lines. Unsurprisingly, a Senate inquiry into the proposed amnesty for employers who haven’t paid the Super Guarantee they owe has recommended along party lines – with the Coalition saying the Bill should be passed, and Labor… Read More »Senate view on Super Guarantee amnesty split along party lines
Super Guarantee Amnesty
The Government has proposed that employers who have underpaid their Super Guarantee obligations be given a time-limited amnesty – requiring them to pay the unpaid super for their workers, but not applying several of the usual additional penalties.
Labor is concerned that the proposed Super Guarantee amnesty may let employers “wipe the slate clean” without having to pay all the superannuation they owe. The Government is again trying to legislate an amnesty for employers who historically haven’t paid the Super Guarantee they owe for their employees. Opinion is… Read More »Labor concerned SG amnesty will let employers wipe the slate clean
The effectiveness of a proposed amnesty for employers who haven’t paid Super Guarantee has been questioned by the superannuation industry. The Government recently introduced a Bill to Parliament in a second attempt to implement an amnesty for employers who have not paid the Super Guarantee owing for their employees. The… Read More »Effectiveness of Super Guarantee non-payment amnesty questioned
Legislation to create an amnesty for employers not paying Super Guarantee has returned to Parliament. The Government has, for some time, wanted to give employers who have underpaid their Super Guarantee obligations a time-limited amnesty – requiring them to pay the unpaid super for their workers, but not applying several… Read More »Super Guarantee amnesty for employers returns to Parliament
New legislation giving employers who haven’t paid Super Guarantee an amnesty can be expected “imminently”, says the Minister responsible. Update: The Government has introduced legislation for the Super Guarantee amnesty – Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019. Senator Jane Hume, Assistant Minister for Superannuation, Financial Services and Financial… Read More »Legislation for employer Super Guarantee amnesty expected “imminently”
A plan to give employers who haven’t paid the superannuation entitlements of their workers a 12 month amnesty remains Government policy. The 12 month Super Guarantee amnesty – first announced in May 2018 – remains Government policy, despite not including it in recent Bills and it not appearing in the… Read More »12 month amnesty for employers not paying super still Government policy
The Government has failed to pass its amnesty for employers who haven’t paid their Super Guarantee obligations through the Parliament. The Super Guarantee amnesty was intended to run for 12 months, from the date it was announced – 24 May 2018 – until 23 May 2019. But the Treasury Laws… Read More »Government fails to pass SG amnesty in time, super legislation lapses
Australia’s largest two accounting bodies have called for the Government’s proposed Super Guarantee amnesty to be clarified in the upcoming Federal Budget. Last May the Government announced the intention to legislate a 12 month amnesty for employers who hadn’t paid their Super Guarantee obligations for their workers. If it was… Read More »Budget needs to clarify Super Guarantee amnesty: accountants
Labor has accused the Government of having the ATO implement, at least partially, an amnesty for employers who haven’t paid their Super Guarantee obligations without the policy passing the Parliament. Shadow Assistant Treasurer Andrew Leigh pointed to reports that the ATO is waiving penalties for employers who have come forward… Read More »Government implementing SG amnesty without legislation: Labor
Opinion/analysis – Does the Coalition really want to head into an election after giving an amnesty to employers who haven’t paid superannuation owing to their workers? An election is likely within the next nine months, and the Government is dropping policies that are unpopular or can’t get through the Parliament… Read More »Will the Super Guarantee amnesty be the next Government policy dropped?