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Extra Time to Become SuperStream Compliant
To support small business clients, the Australian Taxation Office (ATO) has just announced they are offering extra time for you to become SuperStream compliant. You now have until 28 October 2016.
Solutions you can use to become compliant include upgrading your payroll software, using a super fund’s online system, a messaging portal, or using a clearing house.
The ATO’s Small Business Superannuation Clearing House (SBSCH) is a free solution for your small business to comply with SuperStream. It is a consistent, simple way to send super payments electronically in a standard format, saving time and money.
For further information please see:
https://www.ato.gov.au/super/superstream/employers/
written by:
McKinley Plowman
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