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???”