Small businesses are being reminded they have until tomorrow to sign up to the ATO’s new employee superannuation payments system.

Known as ‘SuperStream’ the new mandatory reporting system is designed to make it easier for employers to meet their employee superannuation obligations by creating a standard way to pay contributions electronically.

E&OE…

Subject: ASBFEO ‘loaded rates’ consultation.

Frank Hooper: We hear a lot about penalty rates and whether we should have them or not, so how would you feel about not getting them?  There is an alternative proposed; the Australian Small Business and Family Enterprise Ombudsman has an idea for small business owners, and they want to hear from you.  Kate Carnell is the Australian Small Business and Family Enterprise Ombudsman, good morning Kate.

Kate Carnell:  Hi Fred.