For businesses with employees, it’s quarterly Superannuation payment time!
The deadline for superannuation payment for the September 2017 quarter is due 28 Oct 2017. For businesses using AutoSuper on Xero, the cut off date to have it submitted and approved is 4pm AEDT, Tuesday 24 October. This ensures they reach the super funds by 28 October.
If you require assistance, Aston is happy to help!
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)
