Time is running out to get SuperStream ready
With only two quarters left until SuperStream becomes mandatory, employers are being urged to cross SuperStream off their ‘to-do’ list ahead of the 30 June 2016 deadline.
It takes a little time to set up, but over a quarter of a million employers who have made the change are already enjoying (on average) a 70% reduction in the time they spend on super. That equates to approximately 1.5 hours each cycle! If you haven't done so already your options to get ready include:
For further details please click here.
It takes a little time to set up, but over a quarter of a million employers who have made the change are already enjoying (on average) a 70% reduction in the time they spend on super. That equates to approximately 1.5 hours each cycle! If you haven't done so already your options to get ready include:
- upgrading your current payroll software - we recommend using Xero which has the add on 'Auto Super'
- using your super fund’s online system - for example AustralianSuper has 'QuickSuper'
- using a messaging portal - a gateway service normally provided for SMSFs
- using a clearing house - like the ATOs free Small business superannuation clearing house.
For further details please click here.
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