Superannuation

The super guarantee charge (SGC) is a specific penalty that is imposed on a business when they do not meet the minimum payment of their super guarantee (SG) before the due date. This charge is made up of any SG shortfall amounts, the interest charged on those amounts (currently 10%), and a $20 administration fee per quarter, per employee.

At Chi & Associates, we ensure your business or company meets its Super Guarantee requirements ensuring that you keep a clean ATO record. We also help businesses get on top of their SGC, to handle the matter correctly to be additionally be charged.

A self-managed super fund (SMSF) ensures that you decide how your fund is managed and where to invest your money. Setting up a SMSF involves creating a trust with individual or corporate trustees, and requires ongoing strategy planning and record keeping.

We can help you to set up or complete a fund establishment as well as provide annual administration requirements and statements that ATO expects.