New super clearing house now available

SMSF

The SBSCH (Small Business Superannuation Clearing House) is now available on the ATO’S Business Portal and is ready to accept employer super contributions.

To log in to the Business Portal you need an authentication credential, either an AUSkey, or to have set up Manage ABN Connections through the myGov website.

You’ll also need to check your permissions are set up for it in Access Manager.

You can use the SBSCH if you have:

  • 19 or fewer employees, or
  • an annual aggregated turnover of less than $10 million.

It is a free service* that allows you to:

  • Make all your super contributions in one transaction – the SBSCH securely distributes super contributions to your employees’ nominated super funds.
  • Ensure your SG obligations are met as soon as your payment and instructions are accepted by the SBSCH (provided the fund does not reject them).
  • Nominate a regular contribution amount for an employee.
  • Access your transaction history whenever you need it.
  • Make payments in only a few minutes, once set up.
  • Access the system 24 hours a day, seven days a week.
  • Pay super the SuperStream way – with money and data being sent electronically in the standard format.
* If you make super payments by EFT or BPAY to the SBSCH using your credit card account, you may be charged a fee by your financial institution