Affected by Natural calamities? Visit an Accountant in Port Melbourne for relief.

Read this article instead of rewinding the business

As a reliable accountant in Port Melbourne, We understand businesses affected by disasters face difficulty paying their super guarantee contributions on time. We make every effort to help employers who are affected by natural calamities. If you're located in a disaster-affected area or are have been affected by natural disaster, you may be unable to make your quarterly super guarantee contributions payments on due date. If this is the case, contact us as soon as possible. Australian law does not allow us to extend the due date to pay the super guarantee contributions for your employees. You will need to lodge a superannuation guarantee charge statement and pay it accordingly. If required, we can talk to you about entering into a payment plan.

Suggestions on Super guarantee charge statement and calculator tool by the reliable accountant in Port Melbourne.

If you have not paid your employees' superannuation contributions to a super fund on time, you can use the SGC (super guarantee charge) calculator (electronic lodgment) or SGC statement and calculator tool (paper lodgment). These tools help you calculate the total SGC liability for applicable employees. Tax agents, insolvency practitioners and anyone experiencing difficulties submitting their SG statement via the Business Portal can use a spreadsheet version to lodge through the Tax Agent Portal or Business Portal.

Electronic lodgment - as explained by the reliable accountant in Port Melbourne

If you like to lodge an SGC statement in its electronic form, it's better to use the SGC calculator in the Business Portal External Link. The calculator guides you through a series of questions to evaluate if you are required to pay the SGC for your employees and calculate the amounts payable. The calculator will also electronically lodge your SGC statement with us.

Paper lodgment - as described by the reliable accountant in Port Melbourne

For paper lodgment, use SGC statement and calculator tool. This will produce the statement you need to print and send to us. To do this, the tool prompts you some questions. If you use this option, the nominal interest calculation may increase due to delay in sending the statement to us. If you are not sure whether you paid enough time for any of your employees or in the correct fund, you should use the calculator to reassure. When completing the statement, include those employees for whom you are required to pay the SGC. Tax Agent Portal and Business Portal users, including insolvency practitioners, can also complete and lodge this SGC statement as an attachment using the Mail function.

Calculating SG contributions (if your records are lost or damaged)

If your records are lost or damaged in a disaster, you can estimate super guarantee contributions using old records or consult a reliable accountant in Port Melbourne. You might get them from:

•    Your employees

•    Your bank

•    The super funds you pay contributions to

•    Records of PAYG payments you've made (that we also hold).

You should discuss how to make this estimate with your employees as they should have an understanding of how you're calculating their super payments. If you're winding up your business as a result of the disaster, you still need to pay your super obligations for your employees before you finish up. If you are unable to pay on time, you must lodge an SGC statement.