Superannuation and Director Penalty Notices

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The Treasury Laws Amendment (2018 Measures No. 4) Bill 2018 commenced on 1st April 2019, having received Royal Assent on 1 March 2019.

The Act amends the reporting timeframes for superannuation relating, to Director Penalty Notices (“DPN”), and the effect of the timing for reporting of Superannuation entitlements of employees by Company Employers.

There has been no change for PAYG and the three-month from due date rule continues to apply.

The new law eliminates the three (3) month from the ...

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