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Home / Super booster / Super resources / Employers guide to super / What are the penalties for failing to meet employer super obligations?

What are the penalties for failing to meet employer super obligations?

Janine Mace

Employers have lots of responsibilities and a business to keep on track, so it may be tempting to put off reporting and paying super contributions for your employees until another day.

But it’s important to remember that if you don’t meet your Superannuation Guarantee (SG) obligations you are breaking the law.

There are penalties for not paying on time and if you continue avoiding your responsibilities, the tax man is likely to impose some extra penalties that can hit both your business and your personal wallet.

Meeting your SG obligations

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About the author

Janine Mace
Janine has over 25 years’ experience writing about superannuation, including a decade as Managing Editor of the ASFA’s highly respected industry magazine, SuperFunds. She has worked with a range of super funds and leading institutional investment managers. Her work has appeared in the Australian Financial Review personal finance section and she has been a regular contributor to Money Management and Financial Planning magazines.
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