Symptom
Australia Superannuation Standard Choice Form Changes
Environment
SAP SuccessFactors Onboarding
Reproducing the Issue
Query from Australian customer's regarding the Australian Taxation office updating the SUPERANNUALTION FORM,
Resolution
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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.
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As part of this significant change, the ATO has released a new Superannuation standard choice form that employers should use moving forward.
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PDF link - https://www.ato.gov.au/assets/0/104/2244/2335/3c4347e5-f117-48af-9349-43e9f72ea811.pdf
- Planned with b2205 release
See Also
Keywords
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