Still not using SuperStream? Deadline is 28th October



Most employers have taken measures to ensure their super contributions meet the SuperStream standards.

If you haven’t acted yet, remember that the deadline for switching to SuperStream is 28 October.

If you’re still paying the old fashioned way, or using BPAY without reporting the SuperStream data, you need to act now. This is because under SuperStream you need to:

  • pay super electronically
  • report data electronically with your payment.

The ATO have free webinars to help you understand SuperStream and the steps you need to take to prepare.  The link will take you to the information.

https://www.ato.gov.au/Super/SuperStream/In-detail/Education-and-consultation/SuperStream-employer-industry-webinars/?sbnews

 

If you need help contact Jaleana at Bookkeeping Fairy Perth 0400 102 358 to assist you to move forward with your SuperStreaming


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