skip to main content

SuperStream deadline is coming up for SMEs

Friday, June 10, 2016

Are you running a business with 19 or less employees? If so, you have until the end of this financial year to start using SuperStream – an initiative designed to simplify payment of super contributions by employers.

SuperStream means you’ll only need to make one transaction electronically, which will cover all of your employees’ superannuation contributions. The system is definitely a good move, making the process much easier and more efficient for employers.

If you have 19 or fewer employees, you qualify for free use of the ATO Small Business Super Clearing House (SBSCH), which allows you to pay all employee superannuation contributions at the one time.

How it works

  • You register employees’ superannuation fund details with the SBSCH
  • You make an electronic transaction to the SBSCH consisting of the total of super contributions for the period
  • The SBSCH will distribute the super contributions as instructed

And just like that, your super obligations are taken care of.

If you have any questions about SuperStream, we’d be happy to provide you with more information. Feel free to get in touch by emailing info@swagbookkeeping.com.au or call 1300 58 40 50.

Go Back

We are confident that our books and returns are up to date, delivered on time, and meeting our compliance obligations leaving me time to focus on other important business matters.

- Dick De La Rue, Beveridge Scoria

My accounts were in a mess before we engaged Sheree. Now we are totally organised! Sheree is very efficient and easy to work with. Thanks Sheree!

- Frank Mash, FISA Pty Ltd

The role of bookkeeping has grown to reflect the changing needs of our business, and Swag Bookkeeping is now an integral part of our operations.

- James A Michell, Sentdale Wool

It certainly takes the pressure off me and I feel I can put a lot of trust in to Sheree and what she does for me and my business. What takes her a few
hours would take me days.

- Johanna Clark, Naturopath

We would have no hesitation in recommending Swag Bookkeeping for their friendly manner and professional service.

- John Hall & David Patmore, Ultratune Epping

Swag Bookkeeping have worked alongside Blick for a number of years. Professional, reliable and notably have saved us money and by bringing effective financial process to our business.

- Mark Schiffer, Blick Creative

I reached out to Sheree and she could not do enough to help my friend’s son.

She is an amazing bookkeeper and individual that will make a difference to your business!

- Marina, Letz Create

Sheree has been doing my bookkeeping now for 2 years including my constantly unbalanced trust accounts. Sheree is always on time. Sheree’s professionalism and attention to detail are outstanding.

- Rowan Skinner and Associates Lawyers

We have found that Sheree and her team offer fantastic value for money tailoring a solution to suit our needs. Swag goes above and beyond.  If you are a trade-based business their knowledge of the additional government funds such as co-invest is highly regarded and can save you time and benefit your staff.

- Kate Walsh-Rose- Rex Plumbing GM
How can we help you?

Please get in touch with the SWAG team to find out how we can help you, and receive a free 1 hour consultation.

Get in touch

Take our Financial Health Check

Swag Bookkeeping
Swag Bookkeeping
Swag Bookkeeping
swag bookkeeping gold partner certified partner