‘Onerous’ SG regime called for urgent rethink
With the proposed superannuation guarantee amnesty failing to be reintroduced into Parliament, the government has been called to review the SG regime to ensure a measured approach is used to deal with employers who fall behind on their obligations.
Last week, the government introduced Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019, which crucially left out the proposed SG amnesty that was previously included in the bill before it lapsed when the 45th Parliament concluded.
Read more at the Accountants Daily.