Late remitting/Failure to remit

We can assess a penalty on the amount you failed to remit when:

• you deduct the amounts, but do not remit them; or
• we receive the amounts you deducted after the due date.

If the remittance due date is a Saturday, Sunday, or public holiday, your remittance is due on the next business day.

The penalty for remitting late is:

• 3% if the amount is one to three days late;
• 5% if it is four or five days late;
• 7% if it is six or seven days late; and
• 10% if it is more than seven days late or if no amount is remitted.

Example
A remittance that was due on January 15 of the current year (for deductions made in December of the previous year) is considered late when paid after January 15.

Generally, we only apply this penalty to the part of the amount you failed to remit that is more than $500. However, in certain circumstances, we may apply the penalty to the total amount.

If you are subject to this penalty more than once in a calendar year, we may assess a 20% penalty on the second or later failures if they were made knowingly or under circumstances of gross negligence.

To find out what your due date is, see Remitter types and due dates.

Related topics

• How to correct payroll remitting errors
• Cancelling or waiving penalties and interest
• Remittance methods

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