Advice under development: Administration of penalties for failure to comply with superannuation member account reporting obligations
Issue: Administration of penalties that apply where employers or superannuation funds fail to comply with event-based reporting obligations
Category: Superannuation
Type of advice: Final Law Administration Practice Statement
Status: Under development
Expected completion: To be advised.
Purpose: Event-based reporting regimes were introduced in 2018 for employers (STP) and for superannuation funds (member account transactions and attributes). The information reported through these reporting regimes has a range of applications across the tax and super systems, and their effectiveness can be reduced as a result of: | incorrect and incomplete reporting | reporting in an incorrect format (such as reporting in the original STP format rather than the STP Phase 2 format used since 2022) | failure to report at all. | There is a need to provide guidance for ATO staff on the administration of penalties that may apply to employers or superannuation funds that fail to meet their reporting obligations.
Comments: Draft Law Administration Practice Statement PS LA 2026/D1 Administration of penalties for failure to comply with superannuation member account reporting published on 12 March 2026. Comments period closed 24 April 2026.
Referenced documents: PS LA 2026/D1