SuperStream contributions message implementation guide - for industry comment

Contributions message implementation guide

The ATO has released a draft message implementation guide for data standards that will apply to super contribution transactions.

The Contributions message implementation guide is now available as an exposure draft for industry comment.

The new draft data standards are part of SuperStream, a package of reform measures designed to enhance the 'back office' of superannuation.

The release of this first draft is an important element of the consultation and co-design process for publishing the standards in 2012.

It is expected the government will legislate to mandate the use of the new data and payment standards in early 2012. The use of these standards will be implemented in a phased approach:

• July 2013: Data standards and use of e-commerce becomes mandatory for APRA-regulated funds and self-managed superannuation funds for processing rollovers and accepting contributions (provided by employers in the new format)
• July 2014: Data standards and use of e-commerce becomes mandatory for large and medium employers making contributions
• July 2015: Proposed application of data standards and use of e-commerce to small employers, subject to further consultation on the associated impacts.

Further opportunities for comment will be available leading up to the publishing of the standard later in 2012.

Download SuperStream contributions message implementation guide - for industry comment (PDF, 1.00MB).

An overview summarising the standards framework and development process, proposed law changes and key elements of the Contributions message implementation guide is also available.

	Download SuperStream contributions message implementation guide - overview (PDF, 244KB).
	To provide feedback or comment on the Contributions message implementation guide, email SuperStreamStandards@ato.gov.au
	Please note that comments should be provided by 31 January 2012.