Super Guarantee Amnesty: Now is the Time to Get Payroll Right

Wright Partners • February 24, 2020

The superannuation guarantee (SG) amnesty provides employers with a one-off opportunity to "self-correct." Now is the time to ensure that your payroll is correct and there are no hidden SG issues looming.



The amnesty applies from 24 May 2018 (the date of the original announcement) until 6 months after the legislation receives Royal Assent. Employers will have this period to voluntarily disclose underpaid or unpaid SG payment to the Commissioner of Taxation.


The amnesty applies to historical underpaid or unpaid SG for any period up to the March 2018 quarter.


To qualify for the amnesty, employers must disclose the outstanding SG to the Tax Commissioner. You either pay the full amount owing, or if the business cannot pay the full amount, enter into a payment plan with the ATO. If you agree to a payment plan and do not meet the payments, the amnesty will no longer apply. The amnesty only applies to "voluntary" disclosures.


Please contact us today if you would like a compliance review of your business undertaken or assistance to apply the amnesty.


April 9, 2026
When selling a business—or even a slice of one—how you value the assets involved can have a major impact on the tax bill.
April 8, 2026
As Fringe Benefits Tax (FBT) lodgement season approaches, family businesses should carefully review the perks they provide to working directors and family members.
By Wright Partners Client April 8, 2026
The Better Targeted Superannuation Concessions measure (known as the Division 296 tax) is now law and takes effect from 1 July 2026.
By Wright Partners Client March 10, 2026
The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees.
March 8, 2026
The ATO has issued a Draft Taxation Determination TD 2026/D1 which looks at how inherited family homes are treated for CGT purposes
By Wright Partners Client March 7, 2026
Self managed superannuation funds (SMSFs) can offer significant flexibility, allowing the members to make investments and enter arrangements that may not be available through retail or industry superannuation funds.
By Wright Partners Client March 5, 2026
Running a business from home—whether as a sole trader, freelancer, or small operator—has many perks.
By Wright Partners Client March 4, 2026
Running a successful business is hard work
February 16, 2026
When clients sell a long-held family home, they may be able to channel part of the proceeds into superannuation by using the downsizer contribution rules.
February 16, 2026
As a business owner or investor, time is always tight...
Show More