SuperStream

Super Stream what is it?

SuperStream is a standard of measures, introduced by the Federal Government,  for processing superannuation data and payments electronically.

The main aim of SuperStream is to ensure employer contributions are paid in a consistent, timely, efficient manner.

Under SuperStream, you need to pay super contributions for employees electronically (EFT or BPAY) then send associated data electronically.

SuperStream

If you make super contributions for employees you need to get ready forSuperStream.

Businesses with 20 or more employees should already be using SuperStream. Businesses with 19 or fewer employees had until the end of June 2016.

However, the ATO extended the deadline to small businesses to 28 October 2016 to get SuperStream ready.

This means the ATO will not be taking compliance action against small businesses that missed the 30 June deadline.

To read up on SuperStream info supplied by the ATO, click here.

You can also find information on ATO web page for Small Business Superannuation Clearing House and case studies on the website.

Source:  The Tax Institute

 

Small Employers (19 or less employees)

What are your options?

You have two options to comply with the new standards. You can either use;

  • a software solution that conforms to SuperStream, or
  • a provider who can arrange SuperStream compliance on your behalf, like Sunsuper.

 

Other Resources

Find out more about Sunsuper’s SuperStream solutions or call 13 11 84 to discuss requirements

SuperStream employer checklist | Australian Taxation Office

Superguide founded by Trish Power, author of Superannuation for Dummies, Super Freedom (a woman’s guide to super), and DIY Super for Dummies.

 

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Common Trademark Mistakes

Common Trademark Mistakes – internal business functions

Check out this and other very short yet helpful videos published by IP Australia.

Copyright IP Australia and/or Australian Government

IP Australia have a youtube channel.

Choose wise is a series of videos designed to make the process of choosing goods or services in your trade mark application easier.

The series highlights common issues that applicants experience when applying for a trade mark.

Published on Jul 13, 2012 on Youtube

Part 7 of 11

 

DIY

VISIT  IP AUSTRALIA to register for online services for –

  • Patents
  • Trade Marks
  • Designs
  • copyright and other ip

 

OUTSOURCE

 

Magnum IP image

To Mastering Your Success

trademark registrations

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CCH Australia Calendar

CCH Australia a leading business publisher and information services provider.

CCH Australia products  are accurate, authoritative and timely.

They cover tax, accounting, financial planning, bankruptcy, law, court, trade practice, HR and more

Stay up to date with current best practice CHECK the CALENDAR to find trainings and seminars pertinent to your business needs.

 

CATEGORY ARTICLES AND SPECIFIC EVENTS

TAX   |   ACCOUNTING AND FINANCIAL PLANNING  |  HR, EMPLOYMENT AND SAFETY  |  CORPORATE AND BUSINESS LAW  |  OTHER LAW AND PRACTICE

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