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10 Apr 15 More on SuperStream – Big v Small

MEMBER 68 writes:

“Again the ATO is concentrating on making sure poor old Mum & Dad with their SMSF are knowledgeable and ready for SuperStream now.

I personally have one assistant accountant – I pay her super each quarter to a not-insignificant organisation called BT.

I rang today to get the things I need as an employer to start SuperStream:

1. Electronic bank details = received.

2. Electronic Service Address = ‘Hang on, I’ll check what that means ..….. – oh, we don’t have one of those – we’re working on it and should have it by June 2015 – call back then.’

Does the ATO ever chase the big super funds to make sure they’re ‘ready’ for SuperStream???”


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