Are you an Employer?
If so, are you aware that the Australian Taxation Office (‘ATO’) now requires your business to be set up for SuperStream.
SuperStream requires that employers must pay their Superannuation Guarantee Charge (‘SGC’) in one single transaction, even if the payments are going to multiple funds. Please note that SGC is still required to be paid on a quarterly basis as a minimum.
If you feel that this will effect you, please get in contact with us at infoM2@m-2.com.au or (08) 6380 7800 and a member of our team will be happy to answer any questions you may have.