X
  • About
  • Advertise
  • Contact
Get the latest news! Subscribe to the SMSF Adviser bulletin
  • News
    • Money
    • Education
    • Strategy
  • Webcasts
  • Features
  • Events
  • Podcasts
  • Promoted Content
No Results
View All Results
  • News
    • Money
    • Education
    • Strategy
  • Webcasts
  • Features
  • Events
  • Podcasts
  • Promoted Content
No Results
View All Results
Home News

Quarter of SMEs risking SuperStream non-compliance

The ATO is urging small businesses to prepare for SuperStream, with the deadline just over a week away and a quarter of small businesses risking non-compliance.

by Reporter
October 20, 2016
in News
Reading Time: 1 min read
Share on FacebookShare on Twitter

ATO assistant commissioner Nicole Dykstra says the deadline has already been extended to 28 October from 30 June and the ATO “will not be granting any further extensions for businesses who have not implemented SuperStream”.

Businesses with 19 or fewer employees have just one super guarantee payment date left.

X

“The ATO is pleased that more than 75 per cent of small businesses are already SuperStream-compliant. However, there is still a way to go to ensure everyone has made the switch,” Ms Dykstra said.

“If small businesses haven’t adopted SuperStream by the deadline, they are at risk of being non-compliant.”

Last month, a survey by MYOB found some business owners were confused about SuperStream.

“The ATO has announced big changes for SMEs. SMEs are telling us they are confused and unaware of the deadlines set against them,” MYOB’s general manager of SME solutions James Scollay said.

Related Posts

Meg Heffron

What was the biggest win the sector had in the year?

by Keeli Cambourne
December 30, 2025

Peter Burgess, CEO, SMSF Association The government’s decision not to proceed with the taxation of unrealised capital gains. This decision...

Top 5 news stories for 2025

by Keeli Cambourne
December 30, 2025

May 1, 2025  Unrealised capital gains tax risks gutting SMSFs and investor confidence: expert warns  Taxing unrealised gains will change the way Australians invest, an industry executive has warned, as it would reduce the...

Strategy

Top 5 strategy stories 2025

by Keeli Cambourne
December 30, 2025

March 13, 2025  CGT concessions 15-year exemption   Nicholas Ali, head of SMSF technical services, Neo Super  With the ever-reducing superannuation...

Comments 1

  1. Elaine says:
    9 years ago

    Not surprising. My employer believed they had been complying until I told them I wasn’t getting the messages. Since my employer is a very tech savvy financial planner and still couldn’t get it right, I can only imagine that other employers would be facing similar difficulties, if they are aware of it at all.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
SMSF Adviser is the authoritative source of news, opinions and market intelligence for Australia’s SMSF sector. The SMSF sector now represents more than one million members and approximately one third of Australia's superannuation savings. Over the past five years the number of SMSF members has increased by close to 30 per cent, highlighting the opportunity for engaged, informed and driven professionals to build successful SMSF advice business.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Us

  • About
  • Advertise
  • Contact
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • News
  • Strategy
  • Money
  • Podcasts
  • Promoted Content
  • Feature Articles
  • Education
  • Video

© 2026 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
  • News
  • Money
  • Education
  • Strategy
  • Webcasts
  • Features
  • Events
  • Podcasts
  • Promoted Content
  • About
  • Advertise
  • Contact Us

© 2026 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited