Remitting employee super payments when there is insufficient information

As an employer you are obliged to pay your employee their wages, remit their PAYG Withholding to the ATO as well as remit superannuation payments to their superannuation fund accounts.

In an ideal world, on the first day your employee starts work with you, they would complete their forms including a Super Choice Form informing you their superannuation fund account details for you to remit superannuation payments.

What if your employee did not provide enough information for you to remit superannuation payments, and the amount is due to be paid?

If they do not provide enough information for you to remit payment, or did not choose a fund at all, you will need to make the payment for them into your employer-nominated fund by the due date.

The fact that you have not enough information to remit a superannuation payment is not an excuse to not remit anything at all.

Overdue superannuation payments will attract extra super guarantee charges, administrative charges and may be required to lodge a SG charge statement to the ATO.

If you would like more information on the above, or require assistance on your employee superannuation, feel free to contact us.