Transition to Payday Super & Updated Superannuation Process
Whether you already have employees on payroll or are planning to grow your business and employ staff in the future, we want to make you aware of the government’s Payday Super changes that came into effect from 1 July 2026.
From this date, employers must ensure superannuation, including salary sacrifice contributions are paid and received by employees’ funds within 7 business days of each payday, rather than quarterly.
In addition, the ATO’s Small Business Superannuation Clearing House (SBSCH) has closed from 1 July 2026. To ensure you remain compliant, we recommend clients transition to Xero or Myob Auto Super, which automates super payments directly from payroll and ensures contributions are processed on time.
What This Means for You
- Super must be paid within 7 days every payday from 1 July 2026
- Quarterly payments will no longer meet ATO requirements.
- Penalties may apply for late payment and non-compliance. These can be significant.
How Xero & MYOB Auto Super Works
When registering, you will nominate an authorised person to approve super payments.
- The approver will receive a one‑time approval code via SMS (valid for 24 hours).
- The approver logs in to Xero, enters the code, and the super payment is processed.
- Funds are then direct debited from your nominated bank account.
We can assist with setting this up and answer any questions you may have.
