ATO’s new look SBSCH here in February

On 26 February, the Small Business Superannuation Clearing House (SBSCH) service will join the ATO’s online services Business Portal.

To manage the transition, the SBSCH will be unavailable from Tuesday, 20 February 2018 to Sunday, 25 February 2018 inclusive. During this time the ATO will be transferring your data across to the new system.

Super contribution payments in the old system must be completed prior to 3pm AEDT Monday, 19 February 2018.

The super guarantee quarterly contribution deadlines remain unchanged, and the next payment date is 28 January.

To access the new system you must obtain an authentication credential, either an AUSkey or Manage ABN Connections via myGov, to login to the Business Portal. More than 100,000 users of the SBSCH have obtained an authentication credential and are ready to use the clearing house when it joins the portal.

If your tax professional uses the SBSCH on your behalf, they will continue to manage your super obligations on your behalf through their online channel.

If you are a sole trader or individual employer, you will need to register via your myGov account and link to our online services.

If you are looking for an alternative to the SBSCH, contact your super fund to discuss options to paying super contributions or call Omnis Group in Subiaco Perth on 08 9380 3555.

Source ATO