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Superannuation guarantee amnesty bill passed Parliament on 24 February 2020 and has now received Royal Assent and is law. This law change provides a number of incentives for employers to pay any unpaid historical superannuation guarantee (SG) amounts relating to the period 1 July 1992 to 31 March 2018. Superannuation guarantee amnesty benefits   Provided superannuation guarantee charge (SGC) relating to the period above is paid during the amnesty period of 24 May 2018 until 6 months after the date of Royal Assent (6 September 2020), eligible employers will receive the following benefits:   The SGC will be deductible The SGC, which is usually non-deductible, is comprised of the following amounts: Ø   The total SG shortfall – that is, the total of the SG shortfalls for each affected employee. Ø   Interest on SG shortfalls – currently 10% per annum on each individual SG shortfall; and Ø   An administration fee – usually $20 pe...