SuperStream – Less Than 100 Days to Get Ready


There is now less than 100 days for Small Businesses to get SuperStream compliant ahead of the 30 June 2016 deadline.

The Australian Taxation Office has recently issued a reminder to Small Businesses (< 20 employees) to ensure that they meet the SuperStream standard by 30 June 2016.

As you may recall from our previous blog, SuperStream is a standard for how employers pay employee’s superannuation contributions and communicate the details of those contributions to the recipient superannuation funds.

In essence, it is a uniform system of electronically transmitting payment of contributions and accompanying information.

What do employers need to do?

Employers can meet their SuperStream requirements by paying contributions electronically and by either:

Employers using accounting software packages should ensure that the version they are running is compliant. Employers can check compliance either direct with their software provider or by checking the ATO Product Register.

Accountants Ballarat & Bookkeepers Ballarat

Our goal is to empower you to become a better, more finance-focused and well-rounded entrepreneur. Contact us at or 1300 328 855

What do Self Managed Superannuation Funds (SMSF) need to do?

SMSF need to ensure that they are equipped to receive contributions and the accompanying data. They do this by maintaining an Electronic Service Address (ESA).

Leading SMSF accounting packages such as Class Super and Simple Fund offer ESA solutions. SMSF wishing to access these solutions should contact their accountants to make arrangements.

Alternatively, there are other options available to SMSF such as the low cost Australia Post ESA solution.

You can click here to speak to a businessaccounting and bookkeeping firm. We also offer hospitality business consultation and mortgage services. We will give you a call to know more about your needs. We will explain to you how we can improve your business.

Ballarat Accountants | Business Accountants Ballarat | Ballarat Bookkeepers | Ballarat Mortgage Broker | Ballarat Financial Planners | Ballarat Accounting Firms | Ballarat Bookkeeping Firms

Phone: 1300 328 855

Office Address: 902 Howitt Street, Wendouree, Victoria 3355, Australia

Postal Address: PO Box 2234, Bakery Hill, Victoria 3354

Melbourne Accountants | Business Accountants Melbourne | Melbourne Bookkeepers | Melbourne Mortgage Brokers | Melbourne Financial Planners | Melbourne Accounting Firms | Melbourne Bookkeeping Firms

Sunbury Accountants | Business Accountants Sunbury | Sunbury Bookkeepers | Sunbury Mortgage Brokers | Sunbury Financial Planners | Sunbury Accounting Firms | Sunbury Bookkeeping Firms

Gisborne Accountants | Business Accountants Gisborne | Gisborne Bookkeepers | Gisborne Mortgage Brokers | Gisborne Financial Planners | Gisborne Accounting Firms | Gisborne Bookkeeping Firms

Phone: 03 97444522

Sunbury Office Address: Suite 13, 33-35 Macedon Street, Sunbury, Victoria 3429, Australia

Gisborne Office Address: 45 Hamilton Street, Gisborne, Victoria 3437, Australia

Postal Address: PO Box 270 Gisborne Victoria 3437