SUPERANNUATION for new Employees


You'll have an extra step to take if you have new employees who start from 1 November 2021 and they don't choose a super fund.

You may now need to request their 'stapled super fund' details from the Australian Taxation Office (ATO).

A stapled super fund is an existing super account of an employee that follows them as they change jobs.

This change aims to stop your new employees paying extra account fees for unintended super accounts set up when they start a new job.

What you need to do from 1 November 2021

Step 1: Offer your eligible employees a choice of super fund

You need to give your eligible new employees a Super standard choice form and pay their super into the account they tell you on the form. Most employees are eligible to choose which fund their super goes into.

There is no change to this step of your super obligations.

Step 2: Request stapled super fund details

If your employee doesn't choose a super fund, you may need to log into the ATO's online services and go to Employee Super Accounts to request their stapled super fund details. Your agent or other tax professional can do this for you.

The ATO will provide your employees' stapled super fund details after they have confirmed that you are their employer.

If the ATO provides a stapled super fund result for an employee, you must pay your employee's super using those stapled super fund details.

Step 3: Pay super into a default fund

You can pay into a default fund or another fund that meets the choice of fund obligations if:

  • your employee doesn't choose a super fund, and
  • the ATO has advised you that they don't have a stapled super fund.
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