Tag Archives: superannuation

Paying super on the same day as payroll is coming

From July 1st 2026, employers will be required to pay their employees’ super at the same time as their salary and wages.  This is known as Payday superannuation. The start date will provide employers, super funds, and payroll providers with sufficient time to prepare for the change. This measure is not yet law.

Whilst there are benefits to Payday superannuation, there are also some potential problems to consider.
Read on to learn more.

Salary Sacrifice Super offsets January 1st 2020. What you need to know.

Effective from 1 January 2020, the Superannuation Guarantee (Administration) Act 1992 will no longer allow salary sacrifice super amounts to reduce an employee’s OTE or offset super contributions that employers are required to pay. As such, any business that currently has their salary sacrifice super deduction set up to reflect this will need to update their deduction setting […]