SuperReady – Applicant Updates
The Applicant Portal reflects the impact of SuperReady, ensuring that superannuation details are managed accurately and in compliance with Australian Taxation Office (ATO) requirements.
Tax Information
The Choice of Superannuation Fund option is available only after the TFN Declaration or ABN Declaration (for subcontractors) details are submitted in the Tax Information section.
Set the Declare TFN & Connect ATO (Super Selection & Stapled Fund) flag to True to enable TFN declarations and connect with the ATO via Flare integration in the Super Compliance Services section of the SuperReady Setup & Authorisation. When this flag is set to True, tax information details are submitted directly to the ATO.
If the tax information has not been completed, a system prompt will appear requesting you to declare your tax details. Click OK and provide and submit the necessary information in the Tax Information tab.
This is mandatory to establish the employer–employee relationship to retrieve an employee’s stapled fund during super selection. Tax information (including TFN declaration) must be submitted to the ATO, as this enables the ATO to validate the relationship and return stapled fund details.
SuperReady Status in Finance
The Choice of Super Fund section displays the SuperReady status for each applicant. This status is shown only when the SuperReady Effective Date has reached.
This SuperReady Status indicates whether an applicant is ready for super contribution processing, based on the successful validation and registration of their super fund details. For detailed information, refer to Super Status Update and System Behaviour.
For existing members, the default SuperReady Status is 'Not Ready'. For members without a super fund, the status will also appear as 'Not Ready'.
When you click the SuperReady Status button, you will be redirected to the Member Super Health page. The Member Super Health page shows the selected member’s overall Super Status, along with other related statuses such as Member Verification Request (MVR), Member Registration Response (MRR), and TFN Declaration Status.
The Applicants can view their own records and cannot perform any actions. The Member Super Health feature will be available soon. Stay Connected.
What Happens When You Access Superannuation?
Select New Super Fund
When you access the Superannuation Choice Selection screen for the first time, the Superannuation option is not pre-selected.
You can select from the following fund types:
- Default Fund – Displays the employer’s default superannuation fund
- Existing Fund (Ordinary Fund) – Displays an APRA-regulated superannuation fund
- Self-Managed Fund (SMSF) – Displays a self-managed superannuation fund
- Stapled Fund – The stapled fund is identified as either an APRA-regulated superannuation fund or a Self-Managed Superannuation Fund (SMSF), based on the type of stapled fund.
Stapled fund details cannot be retrieved for subcontractors, as TFN declarations are not submitted to the ATO for them.
To retrieve stapled fund details, the Declare TFN & Connect ATO (Super Selection & Stapled Fund) flag must be set to True, and Flare registration must be completed via Flare HR – TFN Declaration & Stapled Fund settings. This is completed along with the required Flare authorisation [coming soon].
- When selected, the fund will be displayed with a label based on its type:
- APRA Stapled Fund: [Fund Name] (Stapled – APRA)
- SMSF Stapled Fund: [Fund Name] (Stapled – SMSF)
The selected fund is automatically displayed in the Superannuation Choice Selection screen. Once selected, the chosen fund will be used for all future superannuation contributions.
A Stapled Fund is an employee’s existing superannuation fund that follows them when they change jobs.
What happens when Super is saved, and MVR or MRR is enabled, click to view the detailed information.
Existing Super Fund
In the Choice of Superannuation Fund screen, your currently selected superannuation fund is displayed in read-only mode.
If you wish to update your fund:
- You must declare the TFN or ABN (for subcontractors) to ATO in the Tax Information section.
- Click Superannuation Selection to choose a different fund
- The system validates whether the employer’s default superannuation fund details are current in Flare
- If the details are not up to date, the system automatically updates and sends the information to Flare
This ensures your business is correctly identified for interactions with the Australian Taxation Office (ATO), in line with Flare’s requirements.
