No compliance action for employers missing SuperStream deadline
The Australian Taxation Office (ATO) will not be taking any compliance action against medium and large employers who miss the 30 June SuperStream deadline.
ATO national program manager for data standards and e-commerce (SuperStream), Philip Hind, said employers who were not ready for the deadline would have until 31 October 2015, and that the ATO would work closely with employers over the next few months to continue providing education and support.
"We want to ensure businesses do not rush into this at the last minute, but take the time to get ready and ensure they get their implementation right," Hind said.
"Where necessary, we will work with employers having difficulties to help them transition-in to the new requirements."
Hind said once implemented SuperStream would provide employers with a consistent process for making super contributions.
"In many cases, this will enable them to submit a single contribution for their employees rather than have multiple interactions in different formats previously required by each fund," he said.
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