If you are using the ATO Small Business Superannuation Clearing House (SBSCH) to distribute your employees’ superannuation payments, please be aware that the SBSCH has joined the Australian Taxation Office’s Business Portal on 26 February 2018 and you will no longer be able to use the current system via you user ID and password authentication from close of business (AEDT) on 19 February 2018.
To access the Business Portal you need either of the following authentication credentials to identify you or your business:
- Manage ABN Connections – through your myGov account
To ensure a smooth transition and that the registration for either of the above credentials is correct please contact our office to assist you with the registration process.
If you are using a clearing house, the employee’s super contribution is counted as being paid on the date the super fund receives it, NOT THE DATE THE CLEARING HOUSE RECEIVES IT FROM YOU.
The exception is the ATO Small Business Superannuation Clearing House (SBSCH). If you use the ATO SBSCH your super guarantee (SG) contributions count as paid on the date the SBSCH accepts them (provided the fund doesn’t reject them).
Therefore check with your clearing house to make sure that you have allowed enough time for your payments to be processed before the quarterly due dates.
If you require assistance with Superannuation Clearing Houses, please do not hesitate to contact us on (08) 9321 2642.