This is your last week to choose a SuperStream compliant superannuation contribution solution before penalties apply!
From Friday 1 July 2016, all businesses must make their super contributions electronically, according to the Australian Tax Office's SuperStream regulations. Any superannuation contributions not made according to these regulations will result in financial penalties for the contributing organisation.
If you have not collected your employee SPIN numbers and personal details, doing so immediately will reduce the impact of any delays that could end up costing your business.
Sybiz BusinessCare have been contacting customers to inform them of their choices for SuperStream compliance. If you have not heard from our team, or are still not using a compliant solution, contact Sybiz today to start a conversation.
Sybiz Visipay users can contact us to find out more about how our SybizSuper program help you make SuperStream compliant contributions.