Are you eligible for concessions for employing new staff?

Current as of September 2015   If you are hiring more staff and increasing your business’s capacity, then you might be interested to know that Mike Baird is giving you a $2,000 grant per new full-time equivalent position. This will be effective from 1 July 2015. The requirements to access this grant are as follows: • You are not registered … 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

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