August 2015 Newsletter

          Current as of August 2015 [vc_row][vc_column width=”2/3″] DOES SUPERSTREAM APPLY TO SMSFs? SuperStream is a Government reform aimed at improving the efficiency of the superannuation system to try to make the payment and reporting of superannuation for numerous employees more simple, streamlined and consistent. This reform is now in place, so click here to find … Read More

Does SuperStream apply to SMSFs?

Current as of August 2015 SuperStream is a Government reform aimed at improving the efficiency of the superannuation system to try to make the payment and reporting of superannuation for numerous employees more simple, streamlined and consistent. Under SuperStream, employers must make superannuation contributions on behalf of their employees by submitting data and payments electronically in accordance with the SuperStream … Read More

SUPERSTREAM

Current as of June 2015 Will you be paying and reporting your staff’s super contributions correctly from 1 July 2015? Is your payroll/super software SuperStream ready? Employers will be required to use SuperStream to send contribution data and make payments electronically (using e-commerce standards) for all their staff. The ATO can impose administrative penalties for those failing to comply with … Read More

Our February 2015 newsletter

          Current as of February 2015 [vc_row][vc_column width=”2/3″] Update on S&W and our clients Time has marched on and we are already almost two months into the new year. Business activity has kicked into action after the normal hiatus from mid-December until early February. We thought we would give you an update on what is happening … Read More

SuperStream – effective from 1 July 2015

Current as of February 2015 From 1 July 2015, employers will be required to use SuperStream to send contribution data and make payments electronically (using e-commerce standards) for their staff. All superannuation funds (inclusive of self-managed super funds) must only accept contributions electronically in accordance with the SuperStream standard. The following three key e-commerce details must be provided to the … Read More