Super payments for quarter 3 due soon

The ATO reminds all small business owners that super contributions for the quarter ending 31 March (1 January - 31 March) must be paid to employees' chosen super funds by Wednesday 28 April 2010.If you don't meet your super obligations, the ATO advises that you must lodge a Superannuation guarantee charge statement - quarterly (NAT 9599) and pay the super guarantee charge to the ATO.

The super guarantee charge is a charge you have to pay if you do any of the following:
• don't pay enough super (9%) to an employee's super fund
• miss the quarterly payment cut off date (28 April)
• do not pay super to your employee's chosen fund.