The 2023 Contribution Cut-Off Date: June 26th 2023
All contributions which are required to be received by the superannuation funds by June 30th 2023 need to be scheduled for payment within ClickSuper by 4pm AEST on Monday June 26th 2023. Superannuation contributions paid after this date may or may not be received by the superannuation fund by June 30th 2023.
If contributions are not received by the superannuation funds by June 30th 2023 there may be employer and employee tax implications. For specific guidance please refer to the ATO website or financial professional.
If there are concerns about making the June 26th 2023 deadline for the June period, it may be worthwhile to process a partial pay run or pay employees in advance - ClickSuper cannot guarantee monies will be received by the EOFY deadline if paid after June 26th 2023.