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The ATO reminds employers that from 1 July 2014, employers with 20 or more employees are required to begin processing superannuation contributions according to the new data and payment standard (the standard).

In late November, information will be mailed directly to medium and large employers to encourage them to investigate their options and start preparing for the data and payment standard.

To find out more and to see a video about the new standard, go here

For a transcript, go here

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