Where has the Medicare Superannuation Clearing House gone?

The Government has been operating a free superannuation clearing house via Medicare for small employers (less than 20 employees) for some time now and many of our clients have found it useful.  But now it has a new name and is called the Small Business Superannuation Clearing House, or SBSCH for short, and it has moved from being overseen by Medicare to being monitored by the ATO.  If you were already registered for the service under Medicare, you use your existing logon details at SBSCH.

Read More

Super Streaming is coming!

You may be wondering what is this Super Streaming that everyone is talking about.  It’s a new Government requirement for super funds and employers and basically means each Super Fund will have an electronic identifier that will enable prompt transfers of super to their account.

If you are one of our Self-Managed Super Fund clients, we’ll be contacting you with details very soon. You can read more in this ATO fact sheet: Super Stream Changes for SMSFs (ATO)

 

 

The ATO and the SMSF Sole Purpose Test

The ATO recently have issued short informative videos on YouTube covering topics relating to self managed super funds.

Read More

Aston Accountants gets a new look

After many faithful years of service, our old website has retired to live off its super fund earnings.

We now have a fresh new website that is a lot simpler for you to use.