News Item

Small business superannuation clearing house (FREE)

From 1 July 2010, small businesses with less than 20 employees will be able to access the Australian Government's free superannuation clearing house service.

This service is optional and is designed to reduce red tape and compliance costs for small businesses when meeting their superannuation guarantee obligations.

The Small Business Superannuation Clearing House is administered by Medicare Australia and lets employers pay their superannuation contributions to a single location.

To find out more and to register, visit www.medicareaustralia.gov.au/super