What is a SMSF messaging provider?
What is a SMSF messaging provider?
Using an SMSF messaging provider is the most practical and economic way for your SMSF to meet the technical requirements of the SuperStream standard without an individually developed and certified solution.
How do I get an ESA for my SMSF?
You should be able to obtain an ESA from your SMSF administrator, tax agent, accountant or bank. You can also obtain one from a dedicated SMSF messaging provider. ESA services are usually either free or low cost. Once you obtain an ESA, you need to provide the address to your employer.
Does my SMSF need an ESA?
To receive contributions from employers and rollovers from other funds, your SMSF will need a SuperStream electronic service address (ESA).
What is an electronic service address for a SMSF?
An Electronic Service Address (ESA) is an alias used by your SMSF Fund that acts as a ‘digital post office’ to receive messages sent by your employer. Contribution remittance advice is automatically sent to this address when employers pay your superannuation contribution into your SMSF bank account.
What is an SMSF messaging service provider ( SMSF )?
What is an SMSF messaging service provider? SMSF messaging service providers will provide you with an electronic service address that can be provided to your employer. This address is used by your employer to identify where contribution messages for your SMSF are to be sent.
Do you need an electronic service address for SMSF?
Using an SMSF messaging provider is the most practical and economic way for your SMSF to meet the technical requirements of the SuperStream standard. Ensure you only use an electronic service address where you have permission to do so from the provider.
Where can I get my SMSF contribution data?
Your SMSF professional may already have a dedicated or preferred electronic service address for receipt of contributions data. Otherwise the ATO website also has a list of SMSF messaging service providers whom you can register to receive electronic contributions data some of which offer a free service.
Who are the service providers for SMSF in Australia?
Below is a list of central SMSF service providers that promote themselves to clients Australia wide. It includes those that just supply trust deeds and a setup pack, those that provide a full setup service to completion, and those that do both establishment and ongoing SMSF annual administration.