Posted Under: Accounting and Taxation Posted On 12/01/2016
If you employ 19 or fewer employees, you must use Superstream for paying Super by June
30 this year.
You and I know how much time it takes each quarter to pay super for our staff. With numerous staff and many different funds, it is complicated and time consuming. Superstream makes it easier and quicker to pay super.
There are only two quarters left until SuperStream becomes mandatory, so employers are now being urged to cross SuperStream off their ‘to-do’ list ahead of the 30 June 2016 deadline.
Although it takes a little time to set up, over a quarter of a million employers have already made the change and are enjoying (on average) a 70% reduction in the time they spend on super payments.
Please copy and paste the link below into your browser for an easy explanation of what Superstream is and how to set it up. The video only takes less than 2 minutes. Be sure to pass this onto whoever pays your super for you.