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Want to pay all your super contributions in one transaction?

  • Tuesday, 01 January 2013 04:13

You can with the Small Business Superannuation Clearing House - a free online superannuation payments service that helps small businesses with 19 or fewer employees meet their superannuation guarantee obligations. super contributions pic

Making superannuation contributions each quarter to numerous superannuation funds can be time consuming and can sometimes result in increased administrative costs.

The Small Business Superannuation Clearing House lets you pay your superannuation contributions in one transaction to a single location. It is designed to make this process easier, reducing red tape and compliance costs.

You simply register your employees’ superannuation fund details and they will distribute the contributions to the employees various superannuation funds.

For more information or you would like to use the service you can call 1300 660 048 or go to www.humanservices.gov.au.

Click on Business & employers, click on Employer resources and then click on Small Business Superannuation Clearing House.

Let us advise you with your accounting and taxation needs!