Presented by Australian Taxation Office SuperStream Philip Hind National Program Manager, Data Standards & Ecommerce 24 March 2015 UNCLASSIFIED – SuperStream.

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Presentation transcript:

Presented by Australian Taxation Office SuperStream Philip Hind National Program Manager, Data Standards & Ecommerce 24 March 2015 UNCLASSIFIED – SuperStream 1 ABSIA Forum

UNCLASSIFIED – SuperStream 2 With acknowledgement to:

Contributions Implementation UNCLASSIFIED – SuperStream 3 Transactions are building 1m transactions Milestone passed in early March – total contributions using SuperStream so far Will do another 0.5m for month of March And in May will do 1m in one month

Contributions Implementation UNCLASSIFIED – SuperStream 4 Transactions are building We are here today 14m annualised level Weekly volumes of CTRs

Contributions Implementation UNCLASSIFIED – SuperStream 5 Member registrations growing at pace 1 in 10 are member registrations After slow start, these are now over 11% and likely to stay at this sort of level Trialling member outcome response messages

Contributions Implementation UNCLASSIFIED – SuperStream 6 Member registrations growing at pace

Contributions Implementation UNCLASSIFIED – SuperStream 7 Receiving points nearing capacity 2,837 APRA funds connected Large APRA funds 496 = 66% SAF’s 2,341 = 97% And with SMSFs: >200,000 ESA’s issued = 60%

Contributions Implementation UNCLASSIFIED – SuperStream 8 Receiving points nearing capacity Cross- certified In Progress Not Started LARGE APRA FUNDS FUNDSUSI’s Cross- certified In Progress Not Started

Contributions Implementation UNCLASSIFIED – SuperStream 9 Core implementations growing 38 SuperStream implementations 30 APRA fund registry systems – with 24 to go 5 clearing house solutions – with 4 more in or close to induction 3 payroll solutions – with 5 more in or close to induction

Contributions Implementation UNCLASSIFIED – SuperStream 10 Core implementations growing CLEARING SOLUTIONS Cross-certified PAYROLL SOLUTIONS Cross-certified NAB Superpay Induction pipeline* SBSCH (ATO) SuperClearing (Rockfast) CFS Clearing House * Near pipeline only MYOB (Account Right ) Landmark ADP (EPS) Induction pipeline* Rockfast (Revelation) Impact Mgt (GovReports) Xero HR3pay SAGE Micropay (Meridian Express) Quicksuper (Westpac) Superchoice Clicksuper ADP LUCRF Clearing House

Contributions Implementation UNCLASSIFIED – SuperStream 11 SAFF implementations growing PAYROLL SOLUTIONS Bronze Certified (SAFF file) Certification in progress Custom-Made Software (Lewis) e-PayDay Fast Track (Destktop v9) Fusion 5 (Empower) Impact Management (GovReports) iProsoft (Levesys) Frontier (SAFF file) Fast Track (Ent V9) MYOB (Payglobal) SAGE Micropay (Meridian SAFF)

Payroll solution providers Work out your product strategy for SuperStream compliance - Tip: focus on your flagship or high volume products Commit to a product release date Back up your SuperStream compliance claims - Obtain third party certification (even for SAFF products only) - Get scheduled into the induction process = cross-certified product! Organise end-to-end testing (before entering induction) Keep the ATO informed so we can assist where needed and ensure you get into induction (if you need to) at the earliest opportunity Let your clients know what your SuperStream readiness plan is! Tips for getting ready

Certified Product Register UNCLASSIFIED – SuperStream 13 Helping employers understand your product readiness

Our current focus UNCLASSIFIED – SuperStream 14 Assisting employer solutions become SuperStream ready – with a primary focus on enabling leading payroll solutions Supporting funds yet to complete induction and ensuring they meet their implementation deadline by 30 June 2015 Reminding medium to large employers to finalise their implementation by 30 June 2015 – our message is that the window is closing fast Building awareness of SuperStream in small business and urging them to actively selecting a SuperStream solution for their business for implementation – laying the foundation for a sustained campaign over the next 2 years. ATO is focussed on these priorities

Important Initiatives UNCLASSIFIED – SuperStream 15 Regional campaign targeting small business awareness in 23 regions around Australia ‒ Completed successful first event in Bathurst (NSW Central West) several weeks ago ‒ Next event is in Albury-Wodonga ‒ Publish schedule and suggested co-marketing opportunities on our website as we finalise arrangements Industry campaign building partnerships with industry associations and targeting small business awareness in 25 industry segments ‒ Developing industry specific case studies and marketing material ‒ Publish further detail on our website as we finalise arrangements Employer-SMSF media campaign on SMSF nomination of e-commerce details ‒ Published advice that employer can issue a new choice form to a an employee with an SMSF and request completion within 28 days- provided reasonable prior notice given to employee. Some key activities in train

The Version 2.0 discussion In collaboration with industry, the ATO has tracked and published for consultation a series of proposed refinements and extensions of the Superannuation Data and Payment Standard. The full extent of these changes has been brought together and are reflected in the ‘version 2.0’ draft schedules Consultation period closed on 20 March and ATO is considering way forward UNCLASSIFIED – SuperStream 16 Early feedback The ATO is committed to a major release of G2B functionality in early ‒ Considering whether we can push this a bit later than February 2016 and possibly reduce its scope ‘Version 2.0’ will be a progressive upgrade over time (not a big bang) ‒ Looking at creating twelve monthly change windows from there with advance schedule of proposed scope of changes out to three years ‒ Will publish this forward view along with a versioning and change management process Considering how we align with proposed single-touch payroll changes and timing to ensure there is an integrated change planning and lead-time with software developers ‒ Noting STP is still in proposal at this point and timing/scope is not yet determined. The process so far