Submitted by
Moderator - Board of Taxation Secretariat
Date
17/03/2016
Issue
The rules governing the Superannuation Guarantee Charge (SGC) regime are complex and onerous to the extent that many SME's ignore SGC for late super remissions. These rules should be substantially simplified in order to provide clarity and improved compliance.
Board response
The Board is particularly keen to hear about specific proposals to simplify the SGC regime.