Do you use the Small Business Superannuation Clearing House (SBSCH)?
If you intend to claim a tax deduction for super payments you make for employees in the 2020-21 income year, those payments must be accepted by the SBSCH on or before 23 June 2021.
This allows processing time for the payments to be received by your employees’ super funds before the end of the 2020-21 income year.
Remember to check with your employees if their super fund details need to be updated in your SBSCH account.
If you have any further questions in how to submit your super payments to SBSCH please contact us on 4638 5300.
