31/10/16 10:23 Filed in: Superannuation
From 31 October all businesses must be ‘super stream ready’. This means you must include an ESA (Electronic Service Address) with your payment. Your employees should let you know what the ESA is for their super fund.
We strongly advise clients with fewer than 20 employees to avoid administrative headaches and use the ATO’s Superannuation Clearing House for all employee (and if you wish also your own) superannuation contributions. Read More…
28/10/15 14:16 Filed in: Superannuation
A brief note on Super Stream: from 31 October 2015 all entities employing 20 staff or more must use the Electronic Service Address (ESA) of the employee’s superannuation funds when remitting their super contributions.
From 30 June 2016 this will be mandatory for ALL employers. The exception is when you are paying superannuation from a related entity into your own SMSF. Read More…