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19k employers, $100m in SG declared during proposed SG amnesty period

19k employers, $100m in SG declared during proposed SG amnesty period

Over $100 million in superannuation has been reunited with employees, with 19,000 employers coming forward since the SG amnesty was announced, despite the bill failing to be passed, the ATO has revealed.

  • Shared by Accountants Daily
  • April 12, 2019
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Facing questions during the Senate estimates hearing, ATO deputy commissioner James O’Halloran revealed that the ATO has received a “10 to 15 per cent” increase in employers coming forward with outstanding super guarantee obligations since the SG amnesty was announced on 24 May 2018.

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