Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What penalties could be applied?

applied penalties
0
Posted

What penalties could be applied?

0 CommentsAdd a Comment

1 Answer

0

The penalty for not contributing to a chosen fund is a maximum of $500 per employee per quarter. The penalty will be payable to the ATO and applied by the ATO to the employee’s account as an additional superannuation guarantee contribution.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.