The ATO reminded businesses on 15 August 2017 that its Superannuation Clearing House is now more widely available. The Clearing House can now be utilised by businesses with 19 or less staff or less than $10 million in turnover (previously a $2 million threshold).
Now more employers can save time by paying all employee super contributions to the Clearing House instead of to each employees individual fund.
More information is available on the ATO website, just search for super clearing house eligibility.
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