SCH Online will enforce mandatory data specifications to ensure that the processing of contributions is SuperStream compliant. The wider superannuation industry including super funds, payroll providers, clearing houses, gateway networks and the ATO have developed an electronic solution to allow the easy transmission of contribution If the incorrect USI is provided, this results in unnecessary processing delays.. Employers, Payroll providers and Superannuation funds can now process Single Touch Payroll (STP) via two types of ClickSuper STP solutions – secure API or a file upload via a portal.
The ESA enables an SMSF to receive data messages associated with employer contributions using SuperStream. Because of this, it is important for you to consider the appropriateness of any information having regard to your objectives, financial situation and needs. 0000058323 00000 n What is a Payment Reference Number (PRN)? The ATO offers a voluntary service called SuperTICK to match super fund employee details before making their first contribution to a super fund. This is designed to ensure that the employer supplies the minimum mandatory data for each member. Support Service Protocol Following registration/setup in your BGL software, your clients (SMSF trustees) will need to provide the following information to their employer in order to receive contribution in accordance with the new SuperStream standard: Note: If your clients (SMSF trustees) register directly with Australia Post they will be charged $50 plus GST per annum for the service. 0000013476 00000 n The SuperStream page allows you to select and register fund(s) with Australia Post so that contribution data can come through directly into Simple Fund 360. The money and information are transferred between the employers, superannuation funds, service providers and the Australian Taxation Office (ATO). This is a reference number which links the payment to the contribution data. 0000003458 00000 n SCH-Online is operated by The Superannuation Clearing House Pty Limited (ABN 15 086 576 721), a corporate authorised representative (representative number 290290) of the product issuer, Pacific Custodians Pty Limited (ABN 66 009 682 866), Australian Financial Services License No. As part of this, all trustees of SMSFs must comply with a new data and e-commerce standard. (PO Box 8063) Brighton East

Email: [email protected], Cloud Subscription Agreement Stay in control of your business super transactions.

The GNGB has taken over the stewardship role which was previously held by us.

Under SuperStream, contributions and identifying data are sent electronically. trailer <<0725B368C5FB4D609E864A5D4732B22A>]/Prev 440301>> startxref 0 %%EOF 66 0 obj <>stream You will find a list of USIs for MLC's products here. BGL blog faster allocation of money to member accounts. You can also download the MLC SuperEzy Quick Reference Guide for step-by-step user instructions. To receive SuperStream data your self-managed super fund (SMSF) needs an electronic service address. The data is linked to the payment by a unique payment reference number. Setup mygov and link to ATO online services, Amounts you don't need to include as income, Occupation and industry specific income and work-related expenses, Financial difficulties and serious hardship, Instalment notices for GST and PAYG instalments, Your obligations to workers and independent contractors, Encouraging NFP participation in the tax system, Australian Charities and Not-for-profits Commission, Departing Australia Superannuation Payment, Small Business Superannuation Clearing House, Annual report and other reporting to Parliament, Complying with procurement policy and legislation, Aboriginal and Torres Strait Islander people, monitoring compliance with the SuperStream Data and Payment Standard (the Standard). Our SuperStream Service will collect your contribution data from employers and distribute this data to your SMSF. 0000077067 00000 n

The system enables superannuation funds and data to be transferred electronically between employers, super funds, the Australian Taxation Office (ATO) and other service providers. About BGL Employers will need to add data fields for USI and ESA. SuperStream is the new standard for super transactions designed to improve the quality of data and improve processing efficiency for both employers and super funds. MLC Limited uses the MLC brand under licence.

0000099484 00000 n If currently submitting contributions by uploading a data file, employers simply need to add the newly legislated mandatory fields - it must contain all mandatory data as per the Data and Payment Standards (2012). 34 0 obj <> endobj xref 34 33 0000000016 00000 n The SuperStream data and payments standard applied from: All MLC superannuation products meet the SuperStream requirements. The ATO has published a register of valid SMSF providers (accessed via the URL below). The “SPIN” field previously used to identify APRA-regulated funds in SCH Online has been replaced with USI. The ESA is an alias validated by the ATO (no more than 16 characters long) which is to be used as an additional identifier. Under SuperStream, each payment made by an employer is assigned its own unique payment reference number and means:

collar type, employment status and salary, to ensure employees are paying the right insurance premium), resulting in more administration for you, MLC may need to contact existing members to confirm final contributions, resulting in more administration for you, and. Employers will also now have the option to separate Employer additional contributions from Salary Sacrifice. From July 1 2014, business with 20 or more employees will begin using the Data and Payment Standard when making superannuation contributions. As part of this, all trustees of SMSFs must comply with a new data and e-commerce standard. 0000077168 00000 n File upload Our SuperStream Service will collect your contribution data from employers and distribute this data to your SMSF. All gateway operator candidates are required to complete interoperability testing to demonstrate they have the technical capability to operate in the network. ClickSuper offers a free service to receive electronic superstream messages and notify the SMSF via email. SuperStream standard; Services and support. What is a Unique Superannuation Identifier (USI)? For Self-Managed Super Fund (SMSF), employers must provide an Electronic Service Address (ESA) eg. Victoria, 3187 Australia SuperStream is the system that employers must use to make their compulsory superannuation guarantee payments for their employees. 0000003017 00000 n ABN: 60 606 354 079, Phone: 1300 654 401 Simple Fund 360 will then automatically load and allocate this data. The Unique Superannuation Identifier is the primary way a super fund identifies the member’s superannuation product. SuperStream introduces the following benefits: timely electronic processing of transactions improved cost and time efficiencies for employers and super funds Some payroll systems cover both information and payments, but some cover information only and you may need to pay super contributions to each super fund separately. https://www.ato.gov.au/Super/SuperStream/In-detail/Contributions/SMSF-messaging-service-providers/#RegisterOpens in new window. 0000024861 00000 n For a successful match, all these details must agree with those registered with the ATO.

If you use a payroll system, ask your system provider if it is SuperStream compliant. 0000003218 00000 n We recommend that employers check with their clearing house, payroll or other third party SuperStream solution provider what, if any, additional details need to be provided. You can then download the data into Simple Fund Desktop. Desktop Subscription Agreement It meets all the SuperStream obligations on your behalf. 0000012968 00000 n
ClickSuper is a SuperStream provider registered with the Australian Taxation Office. 0000122708 00000 n SUPERSTREAM SuperStream has introduced a standardised format for sending superannuation contributions to super funds. As part of this, all trustees of SMSFs must comply with a new data and e-commerce standard. Talk to us on 132 652 between 8am and 6pm AEST/AEDT, Monday to Friday. © Australian Taxation Office for the Commonwealth of Australia. 0000046731 00000 n Information contained on this site is prepared without taking account of your objectives, financial situation or needs. Employee details used as part of the TFN check include Employee Name, Date of Birth, Address and TFN. If submitting their contributions through the grid they can continue manually registering their employees online and making contributions using the unique reference details generated on SCH Online. SuperStream transmits money and information consistently across the super system – between employers, funds, service providers and the ATO.

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