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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.
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.
Read more at the Accountants Daily.