Nowhere to hide on super non-payments as ATO lifts the lid
The Australian Taxation Office will start approaching thousands of businesses from next month about late or unpaid superannuation payments as it starts to use its "unprecedented access" to company data through single-touch payroll systems.
Accounting experts have warned bosses they now have nowhere to hide if they’ve underpaid staff superannuation entitlements, with the payroll scheme looking at real-time payments while a planned amnesty on historical non-payments continues to focus on historical payments.
Read more at The Age.
