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Changes to Super Guarantee Contributions – ATO

Changes to Super Guarantee Contributions
Greg Goudie
Written by Greg Goudie

SuperStream – simplifying employer contributions.

There are over 800,000 Australian employers who are required to make super guarantee contributions on behalf of their employees.

For many, this can be a complex process, with multiple superannuation funds to contribute to – each with their own specifications for accepting the contributions data and payments.

From 1 July 2014:
Employers with 20 or more employees started making contributions using SuperStream – they have up to 12 months to make the change.

From 1 July 2015:
Small employers (with 19 or fewer employees) will start making contributions using SuperStream – they will have up to 12 months to make the change.

Click here for more information.

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About the author

Greg Goudie

Greg Goudie

Greg Goudie is the Executive Director of DOME and following many years in the automotive parts manufacturing sector, has worked with mature age unemployed for the past 15 years.

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