The Super guarantee charge statement and calculator tool calculates the super guarantee charge (SGC), inclusive of choice liability, and prepares the Super guarantee charge statement. It’s easier and faster than doing the calculations manually.

To use the tool, you will need:

• your business tax file number (TFN) or Australian business number (ABN)
• the personal detail of all relevant employees, including their
  • names
  • TFNs
  • dates of birth
  • super fund details
• salary or wage amounts and payment dates for each quarter for all relevant employees
• all super payment amounts and dates for all relevant employees.

This video demonstrates how to use the Super guarantee charge statement and calculator tool. The example in this video is calculated using rates in the financial year in which the employee was paid. The super guarantee rate can change, so please make sure you use the latest super guarantee rate in your calculations.

If you work out the SGC amount using the Super guarantee charge statement and calculator tool and choose to pay your employee's super fund directly, you must lodge the Super guarantee charge statement with the ATO on the same day you pay the funds to avoid nominal interest continuing to accrue.

To stop nominal interest accruing, you must lodge the Super guarantee charge statement with the ATO when you become liable to pay the SGC.