Common Issues Employers Face When Dealing With Superannuation

The admin fees are $20 per employee per quarter, interest is 10%, and penalties can be up to 200% of the shortfall. One of the most common areas that we see causing issues with superannuation guarantee compliance is paycode items being incorrectly coded for superannuation within the payroll system. Late payments of super are another area that can cause a shortfall. There have been a couple of other changes in the last year or so around processing payroll.