PAYDAY SUPER 2026
From 1 July 2026, Payday Super will be implemented which requires employers to pay their employees’ superannuation on payday, at the same time as their salary and wages. These superannuation payments must be received by the super fund within 7 business days of payday, or the Australian Taxation Office (ATO) may impose charges including interest, administration fees and other penalties.
What does this mean for you as an employer?
- Paying super every payday will impact cash flow so it will be important to plan ahead and prepare to ensure sufficient cash is available;
- If you are already using payroll software such as Xero or MYOB, we don’t expect there to be any major changes to how you currently process super, aside from the frequency;
- The Small Business Superannuation Clearing House will no longer be available from 1 July 2026 so if you have been using this method to pay super you will need to register with a complying Single Touch Payroll (STP) enabled payroll software prior to 1 July 2026.
This Payday Super factsheet from the ATO outlines the finer details.
Cash Flow Tip: If you currently pay your employees super quarterly, consider moving to paying monthly from now to begin the transition toward payday super from 1 July. For example, pay your January 2026 superannuation liability in February 2026 and so on.
If you have any questions about these changes or would like any advice or assistance to manage the change, please feel free to contact us on contact@gpgbusinessadvisory.