Posts Tagged "superstream"
Posted on April 7th, 2016 by WLF
SuperStream is a compulsory Federal Government initiative that standardises the way employers will pay super contributions, and provide information about those contributions.
Under SuperStream employers will be required to report employees’ contributions electronically to the funds and pay those contributions electronically through the banking system.
This means that payment by cheque and advising contributions on paper forms will be phased out.
The start date for meeting the SuperStream requirements for small employers (19 or fewer employ…