PCG 2019/D8 – ATO won’t audit deductions claimed for superannuation contributions, made at the end of the year, through the ‘Small Business Superannuation Clearing House’, if the fund finally gets the money the next year

On Thursday 21.11.19, the ATO issued PCG 2019/D8 – dealing with the timing of tax deductions, for super contributions, made through the Small Business Superannuation Clearing House, towards the end of the year.

See below for a summary of this draft Practical Compliance Guide.

[Tax Month – November 2019]