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Forward Focus Business News

Accountants And Business Advice Perth

SBSCH’s “NEW LOOK” for Small Business

Have you had a look at the Small Business Super Clearing House’s new look? If you haven’t, you might want to jump online soon. The deadline for super payments is the 28th of April 2018. The SBSCH is now available through the ATO’s online services, and information has been transferred over so that it is ready for your next employer contribution.

To access the new system, you’ll need to:

  • Obtain an authorisation credential. Either through an AUSKEY or access the business portal by managing ABN connections via MyGov.
  • Talk to your tax professional about using the SBSCH on your behalf.
  •  If you are a sole trader or individual employer you’ll have to register via MyGov and link online services.

If you don’t wish to use the SBSCH, contact your Superfund for more options. In the meantime, our team at Forward Focus is happy to help answer any queries on the issue, feel free to call our friendly staff on (08) 9474 6333. Don’t forget, super payments for Quarter 3 are due on the 28th of April.

For more information please visit – https://www.ato.gov.au/Newsroom/smallbusiness/General/New-look-SBSCH-is-here/

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