SuperStream is now compulsory for all employers

Changes to Car Threshold limits from 1 July 2016
Client Newsletter July 2016

SuperStream is now compulsory for all employers

Wednesday, 12 July 2016.

However there’s extra time and help available to you if you need it…

If you employ people, it is now compulsory to use SuperStream to pay super contributions to your employees.

What is SuperStream?

SuperStream is the new data standard you need to use to pay super contributions for your employees electronically. Under the new data standard, both payments and employee information are sent electronically.

What do you need to do?

Under SuperStream, you will need to have an electronic system to pay your employees’ super contributions.

To do this, you can use:

If you’re already using one of these systems for your super contributions, you might only need to make a few refinements for SuperStream.

When do you need to have SuperStream in place?

SuperStream standards should be used from 1 July 2016. However if you need extra time and help to be SuperStream ready, you’ll have until 28 October 2016 before compliance action may be taken against you.

If you are having difficulty setting this up, please get in touch so we can find a solution that works for you.