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SuperStream checklist

Posted on Jan 27, 2017 by editor

All businesses should now be SuperStream compliant. SuperStream is a standard for processing superannuation data and payments electronically.

Employers must pay employee super contributions electronically (EFT or BPAY) and send the associated data electronically under SuperStream.

SuperStream ensures the data is in a standard format so it can be transmitted consistently across the super system – between employers, funds, service providers and the Tax Office.

For those businesses who have not made the switch, here is a guide to be SuperStream ready:

  1. Choose an option

SuperStream requires you to pay super and send employee information electronically. If you already do this, you may only need to refine your system to send the contribution data in the standard format. You can use:

If you are unsure of which option to choose, contact one of our accountants to help you select the most suitable option for your business.

  1. Collect information and update your records

You may need to collect additional information from your employees, including:

For employees with a self-managed super fund, you will need:

  1. Use SuperStream

Once you have all the employee information, you can start using SuperStream as soon as possible. It is still the employer’s responsibility to meet the super guarantee obligations by the due dates. Those using a clearing house must check how long it will take to send the money and information the super fund. Generally, an employee’s super contribution is counted as being paid on the date the fund receives it, not the date a clearing house receives it from you.

ATP Accounting knows what it takes to run a successful business. They will position you at the cutting edge of business growth.
Take the step and get help to grow your business, minimise tax and protect your hard-earned assets.
Call us today on (02) 8850 3888, send us an email to or send us a message here.

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