Key Dates for the ATO Super Clearing House: End-of-Year Reminders (Dec 24 Tax Update)

Relevant For:

Small business owners managing employee superannuation contributions during the Xmas/NY period

Key Points:

• The ATO’s clearing house closes from 12 PM on 24 December 2024 and reopens 8 AM on 2 January 2025.
• Submit super payments by 5:30 PM AEDT, 10 December 2024, to avoid delays.
• Payments received after this deadline will be processed starting 2 January 2025.
• The next quarterly superannuation payment deadline is 28 January 2025.

Full Article:

As the end of the year approaches, it’s essential for small business owners to stay on top of their superannuation obligations, particularly when it comes to the ATO’s Small Business Superannuation Clearing House (SBSCH).

The ATO will