3116530 - Is there any update by Australian Taxation office on SUPERANNUALTION FORM

Australia Superannuation Standard Choice Form Changes

SAP SuccessFactors Onboarding

Query from Australian customer's regarding the Australian Taxation office updating the SUPERANNUALTION FORM,

• As part of the Super stapling, there's an extra step that employers may need to take to comply with the choice of super fund rules. If a new employee doesn't choose a super fund, most employers will need to request the employees 'stapled super fund' details from the ATO to avoid penalties.

• As part of this significant change, the ATO has released a new Superannuation standard choice form that employers should use moving forward.

• PDF link - https://www.ato.gov.au/assets/0/104/2244/2335/3c4347e5-f117-48af-9349-43e9f72ea811.pdf

• Planned with b2205 release

3238685 - [Onboarding]Australia Superannuation Fund compliance form update

Onboarding, Australia, Compliance, Superannuation, update, change, AU, OBX,  ONB 2.0 , KBA , LOD-SF-OBX-FRM , Compliance 2.0 Country Forms (except i9&EV) , Product Enhancement