Be prepared for Payday Super

Do you know that from 1st July 2026, you will have to pay superannuation on every payday at the same time as you pay wages and contractors?

You should start budgeting now. Consider paying super monthly from now until 30th June. If you continue paying quarterly superannuation with no budgeting or foward planning, you will be stuck paying four months of superannuation in July 2026. https://www.ato.gov.au/businesses-and-organisations/super-for-employers/payday-super/about-payday-super

If you pay superannuation for contractors, you will need to pay their superannuation on the same day as you pay their invoice. This means you need to get their Tax File Declaration and Super Choice form completed BEFORE the do any work for you. 

We can help you review your payroll and cashflow systems to ensure you are paying employee and contractor superannuation on time. 

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