The good news for small businesses is that the ATO given them some extra time to become SuperStream compliant. Small employers now have until the 28th October 2016 to become SuperStream compliant.

The ATO said there are a number of options for small businesses to become SuperStream ready. These include, a payroll system that meets the SuperStream standard, a superfund’s online system, a messaging portal or a super clearing house like the ATO Small Business Clearing House. The ATO Small Business Clearing House is free for small businesses with 19 or fewer employees, as well as businesses with an annual aggregated turnover of $2 million or less.

If your business is not SuperStream ready, please contact Bookkeeping Pros and one of our experienced bookkeepers can assist you with setting this up.