The ATO will begin contacting some small businesses that haven’t started using SuperStream, between October 2015 and March 2016.
SuperStream is the new data standard for electronically transmitting information about employer superannuation contributions.
Small businesses (those with 19 or fewer employees) were meant to start using SuperStream from 1 July 2015, and be fully compliant by 30 June 2016.
The ATO has said some small businesses “that may not yet be using SuperStream” will be contacted, between 5 October 2015 and 18 March 2016. The ATO will be contacting businesses by industry segment, for example the first contacted will be pharmacy and cosmetics businesses, between 5 October 2015 and 16 October 2015.
Large employers (20 or more employees) were meant to be fully SuperStream compliant by 30 June 2015, though the ATO allowed ‘compliance flexibility’ until 31 October 2015.
“Employers will receive a SMS message advising SuperStream has started and an email inviting them to register to attend an industry specific SuperStream webinar,” said the ATO.
A list of the industry segments, and when the ATO may be contacting them, can be found on the ATO website here.
The ATO says further information can be obtained by emailing SuperStreamStandards@ato.gov.au
The ATO is conducting a series of webinars about SuperStream targeted at specific industries. More details can be found here.
The ATO is also conducting SuperStream webinars for:
Want to be kept up-to-date with SMSF and Superannuation changes, why not subscribe to our Newsletter?
This article, as with all content on this site, is for informational purposes only, and is not legal, financial, tax or other advice. Please read our Terms and Conditions of Use.