A friendly reminder that if you are an employer you have until 30 June 2016 to be using a certified SuperStream compliant service when you pay and report employee super contributions.
SuperStream is part of the government’s Super Reform package with the aim of providing a consistent, reliable electronic method of transacting linked data and payments for superannuation.
There are a number of options you can choose to implement SuperStream. Depending on what works best for your business you can choose to use:
- your super fund’s online system
- a clearing house
- a payroll system that is SuperStream ready
- a messaging portal.
Further information, along with FAQs, can be found at the ATO website – Super Stream for Small Employers
You may also like to register for the webinar which the ATO will run at scheduled times between February and June 2016 – Let’s get Superstream ready