Payday Super: what Australian businesses need to know
Super guarantee will be paid every payday, not quarterly. Here's how to get your payroll ready.
From the legislated start date, super guarantee will be due on every payday rather than quarterly. Cash flow planning, payroll software, and reconciliation processes all need to shift.
Most modern payroll platforms (Xero, MYOB, Employment Hero) are rolling out automated payday super features. The transition is mostly a settings and timing change - but it's important to test it on a real pay run before the deadline.
If you'd like help reviewing your payroll setup, we'll do a free 20-minute health check.
Want this kind of advice for your situation?
A 30-minute discovery call is free and tells you exactly where you stand.
Book a chatMore reading
New $5,000 grant for business energy upgrades
Small businesses in New South Wales can now access grants up to 5000 dollars to upgrade old equipment and slash power bills while funding lasts.
GeneralAsset write offs for tradies moving into the new year
Check your eligibility for equipment deductions at STE Financial before you buy your next ute or tool kit to avoid a nasty tax shock.