Did you know, superannuation payments are only considered to be paid once they have been received by the super fund?
To make sure super funds receive your payments before the 30 June end of financial year deadline, your payments must be received by the ATO Small Business Superannuation Clearing House (SBSCH) no later than close of business 21 June 2019.
Payments not received by this deadline will not be deductible in the 2018/2019 financial year.
Remember that all other Super paid by the due date of 28th July 2019 will still be tax deductible in the 2019/2020 financial year.
Please note, the SBSCH have advised a scheduled system maintenance between 11:30pm Friday 21 June 2019 and 7am Monday 24 June 2019. During this time the SBSCH will be unavailable.
Should you use an alternative clearing house service, such as through your accounting software or superannuation fund, you should ensure you are aware of their individual due dates.
Please do not hesitate to contact our office if you have any questions or concerns.