SBDC e-news – July 2016 Superstream

Register for Superstream – deadline extended

SuperStream is the easy way to pay superannuation for your employees.

Your employer information is provided to the Australian Taxation Office (ATO) electronically and streamlines the whole process so it saves unnecessary time on administration.

The deadline to be on board with SuperStream was 30 June, but the good folk at the ATO have allowed some compliance flexibility to small businesses that are not yet SuperStream ready, by extending the deadline to 28 October 2016.

The ATO has provided a simple checklist for small business employers that makes SuperStream easy. It uses one online channel to pay multiple funds, which means less room for error, fewer steps to the process and transactions reach the funds faster.

See the ATO’s easy SuperStream guide and register today.