15 Nov 12 SuperStream data and e-commerce standard consultation
The ATO has released for consultation draft taxonomy files for the draft SuperStream data and e-commerce standard for rollovers and contributions. The taxonomy provides employers with additional information to support their implementation of the standard. The standard requires employers to send contributions and superannuation funds to receive contributions in a prescribed format. It establishes certain requirements that must be adhered to by trustees of superannuation entities, RSA providers and employers.
For more information go here.