SuperStream launching 1 July 2014March 20, 2014
SuperStream launching 1 July 2014
From 1 July 2014 the ATO is launching SuperStream, a government reform aimed at improving the efficiency of the superannuation system. Under SuperStream, employers must make super contributions on behalf of their employees by submitting data and payments electronically in accordance with the SuperStream standard. All superannuation funds, including SMSFs, must receive contributions electronically in accordance with this standard.
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