Changes to Superannuation from November 1: Employee Stapled Funds
25 October 2021
Changes to selecting a superannuation fund for new employees apply from 1 November 2021.
When a new employee commences employment with your business on or after 1 November 2021 and does not select a superannuation fund, the employer may need to request their "stapled fund" details from the ATO.
To make the request through ATO online services, your authorised representative will need 'Employee Commencement Form' permissions.
More information can be found on the ATO website here.
Please contact your local Boyce office if you require further assistance.