PAYDAY SUPERANNUATION
Payday Superannuation laws will come into effect from 1 July 2026, meaning all employers will need to pay their employees super AT THE TIME THE WAGES are paid, instead of monthly or quarterly.
What does this change mean for you?
· Super Guarantee (SG) and any superannuation salary sacrifices must be calculated and paid every pay cycle.
· Payments must reach the employee’s fund within 7 business days of payday.
· Cash flow planning will need adjustment, as super will be paid more frequently, and the cash must be available in the business bank account.
How can KBD Professional support you?
· If we already process your payroll we will attend to the superannuation requirements via Xero Autosuper – each pay period.
· If we do not process your payruns:
· We can help review your payroll setup to ensure it’s ready before the deadline.
· We can assist with automating super payments to keep you compliant.
· We can provide cash-flow guidance and transition planning to help set you up for success.
Please visit https://www.ato.gov.au/about-ato/new-legislation/in-detail/superannuation/payday-superannuation to read about these changes in more detail, so you can feel confident that you’re making informed decisions. If you have any concerns or uncertainties, contact us to discuss these to ensure you remain compliant with this legislation.
