The penalties are increasing for late super and the deadline is not the date the money has left the bank it is the date it is received and processed by the Super fund. The date listed in the Manage ...
Why is MYOB not repsonding to this request? I have always been told that Super payments need to be authorised by the 20th of each quarter to ensure receipt to the employees Super fund by the 28th - as per SG payment dates. We always pay on the 20th, yet in my personal super, it does not show on my statement until a few days into the next month. My Super fund claims they processed it the day the received it! Who is holding on this money for 7-14 days? Why?