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SuperStream is a government initiative to simplify your superannuation obligations by making it mandatory to provide contribution data and make super payments electronically.

If your business has 20 or more employees, you need to start complying with the government's new SuperStream requirements from June 30 2015. If you have fewer than 20 employees, you have until June 30 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.

Quick and easy compliance with MYOB's super portal

MYOB Essentials makes it easy to comply with SuperStream requirements. Your subscription gives you access to MYOB's super portal, an online, SuperStream-certified service that allows you to make compliant super payments.

You'll create a file in MYOB Essentials and upload it to the portal, where you'll be able to pay and report all your super contributions.

MYOB's super portal will be available in late June. Until then, you can meet SuperStream requirements by registering your details with us. We'll let the ATO know that you have a compliance plan in place. See ***

Setting up Pay superannuation

Before you can start using MYOB's super portal to make SuperStream-compliant super payments, there are a few things you'll need to set up in MYOB Essentials. You'll find a checklist on the Pay superannuation page (Payroll menu > Pay superannuation)

 

 

 

Set up Pay superannuation to make super payments through MYOB's super portal, meet your employee super obligations in a flash and always stay on top of government changes, including SuperStream. The best bit? It's free with your MYOB Essentials subscription.

What is SuperStream?

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.

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Paying super through MYOB's super portal

In MYOB Essentials, you can create a super contribution file, which you can upload to MYOB's super portal, where you make the super payments.