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  • Employers

    if you are an employer, you need to pay super contributions for your employees electronically (electronic funds transfer or bpay®) and send the associated employee super information electronically in a standard format to meet superstream requirements.

    your employee super information needs to be in a standard format so it can be transmitted consistently across the super system – among employers, funds, service providers and us. your employee super information is linked to your super contributions by a unique payment reference number.

    乐多多官网superstream allows you to make all your contributions for each period in a single transaction, even if your payments are going to multiple super funds.

    乐多多官网if your current super payment and information reporting method does not meet superstream requirements, your tax agent, bookkeeper or super fund can help you to become superstream compliant.

    it is important that you continue meeting your super guarantee obligations until you can become superstream compliant.

    Exceptions

    the only super contributions that do not have to be superstream compliant are:

    • if you are self-employed or a sole trader and your super contributions are only for yourself. However, super contributions for any employees do need to be SuperStream compliant
    • if you are a director or employee of your own incorporated business and the business pays super for you to your own self-managed super fund (SMSF). However, super contributions to any super fund other than your own SMSF and for all other employees do need to be SuperStream compliant.

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    Last modified: 24 Apr 2019QC 47542
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