Hot Issues
spacer
State and Federal COVID-19 support
spacer
ATO extends COVID-19 relief for SMSFs
spacer
Treasury consults on increase to charities financial reporting threshold
spacer
Greenhouse gas emission by country since 1880
spacer
ATO announces STP Phase 2 blanket deferral
spacer
Reminder: super changes for the 2021 financial year
spacer
Recontributions of COVID-19 early released super
spacer
Working from home during a COVID-19 lockdown: Can you claim a tax deduction for rent?
spacer
Lockdowns and mental health
spacer
Unemployment rate falls to 12-year low
spacer
ATO issues warning to first-time investors
spacer
World's largest armies 1816 - 2020
spacer
Extra 'super' step when hiring new employees
spacer
Pitfalls and proposed changes in the use of R&D tax incentives
spacer
Government expands SME loan scheme eligibility
spacer
COVID-19 disaster payments to be tax-free: Prime Minister Scott Morrison
spacer
‘Nowhere to hide’: New gig economy reporting regime set to debut
spacer
Hardship priority processing of tax returns
spacer
ATO Small Business Newsroom - July / August
spacer
Videos and other resources for our clients
spacer
‘Mammoth consequences’: ATO’s NALI ruling draws ire from accountants
spacer
Superannuation Guarantee Rates Reminder
spacer
NSW support measures, plus update for payroll tax.
spacer
Tax Time Checklists - Individuals; Company; Trust; Partnership; and Super Funds
spacer
Year-end tax planning
spacer
Home Office & end of 2021 tax year
spacer
ATO extends STP finalisation due date
spacer
Super transfer balance cap increase from 1 July 2021
Article archive
spacer
Quarter 3 July - September 2021
spacer
Quarter 2 April - June 2021
spacer
Quarter 1 January - March 2021
spacer
Quarter 4 October - December 2020
spacer
Quarter 3 July - September 2020
spacer
Quarter 2 April - June 2020
spacer
Quarter 1 January - March 2020
spacer
Quarter 4 October - December 2019
spacer
Quarter 3 July - September 2019
spacer
Quarter 2 April - June 2019
spacer
Quarter 1 January - March 2019
spacer
Quarter 4 October - December 2018
spacer
Quarter 3 July - September 2018
spacer
Quarter 2 April - June 2018
spacer
Quarter 1 January - March 2018
spacer
Quarter 4 October - December 2017
spacer
Quarter 3 July - September 2017
spacer
Quarter 2 April - June 2017
spacer
Quarter 1 January - March 2017
spacer
Quarter 4 October - December 2016
spacer
Quarter 3 July - September 2016
spacer
Quarter 2 April - June 2016
spacer
Quarter 1 January - March 2016
spacer
Quarter 4 October - December 2015
spacer
Quarter 3 July - September 2015
spacer
Quarter 2 April - June 2015
spacer
Quarter 1 January - March 2015
spacer
Quarter 4 October - December 2014
Extra 'super' step when hiring new employees

 

Most new employees are eligible to choose the super fund you pay their super guarantee contributions to.

 

 

Currently, when a new employee doesn’t choose their own super fund, you must pay super contributions into your default fund.

From 1 November, if you have new employees start, you may have an extra step to comply with the choice of fund rules. If a new employee doesn’t choose a super fund, you may need to request their 'stapled super fund' details from us.

A stapled super fund is an existing super account which is linked, or 'stapled', to an individual employee so that it follows them as they change jobs.

The change aims to reduce account fees by stopping new super accounts being opened each time they start a new job.

From 1 November, you will be able to request stapled super fund details for new employees using Online services for business.

What you can do now

To make sure you're ready when the time comes, check and update the access levels of your authorised representatives using Online services on behalf of your business. This will also protect the personal information of your employees.

 

Read more.

 

ATO

site By AcctWeb