- chris4821
What is SuperStream
Super stream is the governments electronic contribution reporting system. All employers with more than 20 staff now have to use super stream to report employer contributions to each employees super fund. Most accounting packages like MYOB, QuickBooks, Xero, etc that have payroll can do this for you as part of the payroll system, all you need to do is provide your employer with your Funds ESA (electronic service address), and Funds details.
There is an exception to super stream for SMSF related party employers, currently they do not have to use super stream. What does this mean, if your business is considered a related party of your SMSF then you don't need to use super stream.
From 1 July 2016, super stream will apply to employers with less than 19 employees, and from 1 July 2017 it will apply to all employer regardless of business type
