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ATO extends SuperStream support to small business

The Australian Taxation Office (ATO) has extended its support offerings in an attempt to help employers in select industries implement SuperStream.

News Mitchell Turner 16 October 2015
— 1 minute read

Email and SMS messages on behalf of the tax office have delivered practical help and information to small businesses across 22 industries, as part of a recently commenced intensive communication program.

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Industry associations have been consulted by the ATO in an attempt to increase awareness, with dedicated SuperStream webinars assisting in the flow of information.

Philip Hind, ATO’s national program manager for data standards and e-commerce, noted that trades, hospitality, agriculture and construction may benefit from more practical support, as they often rely on manual processes and lack close business support partners.

“The priority for us now is to provide practical help and support to those who make superannuation payments on behalf of their employees, particularly those that aren’t frequently online or connected,” Mr Hind stated.

“Over 350,000 businesses nationwide have already made the switch to SuperStream, including around 250,000 small employers.”

Small businesses that employ 19 or fewer employees have until 30 June 2016 to be fully compliant.

Mr Hind urged small businesses to consult their tax professionals to evaluate their best option in terms of implementing SuperStream.

“Whether it is your accountant, bookkeeper, payroll provider, clearing house or super fund. They can help you become SuperStream compliant.”

ATO extends SuperStream support to small business
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