The ATO is reminding trades business owners that employ 19 or fewer employees (small businesses) they need to pay their superannuation obligations via SuperStream, targeting them with customised information and a webinar in the coming weeks.

SuperStream is the new standard for all businesses nation-wide, which involves making super contributions electronically, saving time and money which came into effect on 1 July 2015.

Those paying superannuation on behalf of trades employees will now be able to pay contributions to multiple super funds in one transaction, saving time and money.

In order to make the change, employers should speak with their bookkeeper, accountant or superfund for advice.

The ATO step-by-step checklist to help employers prepare can be found at www.ato.gov.au/SuperStreamChecklist.