04/06/2026
๐จ Payday Super is changing from 1 July 2026 ๐จ
Small business employers will soon need to pay super at the same time as wages โ replacing quarterly super payments. Super contributions must reach employeesโ super funds within 7 business days of payday.
What this means for your business:
โ More frequent super payments
โ Payroll process changes
โ Greater cash flow planning
โ Increased ATO visibility through STP reporting
โ Higher penalties for late payments
โ ๏ธ Important: The Small Business Superannuation Clearing House closes on 30 June 2026, so now is the time to prepare.
How to get ready:
๐ Review your payroll setup
๐ Check employee super details
๐ Set aside super each pay run
๐ Run cash flow forecasts before July 2026
At Shoebox Books Croydon, as BAS experts, we help small businesses prepare for Payday Super and stay compliant ahead of the changes.
๐ Contact us today to make sure your business is ready.
0423 895 786
https://shoeboxbooksandtax.com.au/