ANSWER ID:35953AccountRight Plus, Premier and PremierEnterprise, Australia only SuperStream is 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 payments electronically in a consistent and simplified manner. SuperStream is mandatory for all employers making super contributions, and all APRA-regulated super funds and self-managed super funds (SMSFs) receiving contributions. When does my business need to implement a SuperStream compliant solution?If you have 20 or more employees you All businesses need to be SuperStream compliant now. If you have 19 or fewer employees you have until 30 June 2016.For all the details on SuperStream, including when your business needs to be compliant, and exactly what those requirements are, see the Employer FAQs and video on the ATO website. If you've got a current AccountRight subscription and you're not able to upgrade to the new AccountRight, then you can sign up to use MYOB's super portal. It's SuperStream compliant and will help you easily meet your super obligations. No need to work with individual APRA funds, it's all managed in one place, and it's included for free with your MYOB subscription. Learn about MYOB's super portal. For more information on superannuation reporting, see the AccountRight help. | UI Text Box |
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| Using M-Powered Superannuation? If you can’t upgrade to the new AccountRight, keep using M-Powered Superannuation . We've organised a compliance plan for you with the ATO until 30 June 2016, so you can keep paying your super the way you do now. We'll be in touch later with more information.isn’t SuperStream compatible, so you won’t be able to use it after 30 June 2016. But we've got you covered. Learn more... |
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