If you are an employer, even if you are the only person on the payroll, you need to know that from 1 July 2026 there are some changes.

The biggest change is that you will need to pay your employees super every time you pay them – ie on the same day. No more paying once a quarter.

With this change, and the closing of the SBCH, it is really important that you register within your payroll software to pay super directly via your payroll software. Both Myob and Xero have an option to enable this. It can take a week or so to set up, so better to action sooner rather than later if you have not already done so. If you need help reach out now. If we prepare your payroll, don’t worry this has been done for you already.

With the ATO monitoring the super payments and matching them to payroll STP reporting and employee referrals, you will need to ensure that your STP reporting is correct and that super is paid on time. If super is paid late, a super guarantee surcharge statement will need to be lodged along with an admin fee and a top-up of super for the affected employees. Additionally super paid late is not deductible to your business.

These changes mean that you need to keep on top of your employee information. Problems could occur if you take on new staff and pay them before you know their super details, if employees change funds and don’t tell you, or if employees with SMSFs change their ESA or bank details and don’t tell you. Each of these could lead to a late super payments which you, the employer, can be penalised for.

As ever, if you need help or assistance please get in touch.

Lindsay 0413 952180