ATO's Super Clearing House registration and guide
Using ATO’s Small Business Super Clearing House
ATO’s Small Business Super Clearing House is free to small business with either:
How does the clearing house work?
Employer make one total payment by Bpay or EFT to clearing house and the clearing house distribute each employee’s super contribution to their individual super fund based on the information contained within.
Key features and benefits of clearing house:
Steps for small business to register clearing house
Step 1: Register clearing house
Information required:
Step 2: Setup each employee’s details
Step 3: Fill in super contribution amount for each employee
Step 4: Make one single EFT payment
When processing future super contribution, just log in and fill in each employee’s contribution amount and make payment, that is easy.
Please also see attached guide for clearing house. Or please refer to ATO website for updated guide if any.
ATO’s Small Business Super Clearing House is free to small business with either:
- 19 or fewer employees.
- Aggregated turnover less than $2 million.
How does the clearing house work?
Employer make one total payment by Bpay or EFT to clearing house and the clearing house distribute each employee’s super contribution to their individual super fund based on the information contained within.
Key features and benefits of clearing house:
- Employer make one payment to clearing house only, reduction of error and time spent to process super payments.
- Employee details and related super fund details are stored in clearing house after first setup and employer only need to put in amount for following super contribution.
- Employer only deal with clearing house and does not need to process payment to each single super fund, which reduces time spent and errors.
- Contribution historic record is available whenever required.
- Clearing house open 24*7 (other than offline time for maintenance)
- The service is free. (Payment by credit card will incur charges from financial institution.)
Steps for small business to register clearing house
Step 1: Register clearing house
Information required:
- Business ABN
- Email address
Step 2: Setup each employee’s details
Step 3: Fill in super contribution amount for each employee
Step 4: Make one single EFT payment
When processing future super contribution, just log in and fill in each employee’s contribution amount and make payment, that is easy.
Please also see attached guide for clearing house. Or please refer to ATO website for updated guide if any.
