Prepare early for the upcoming change
A major change to the way businesses pay superannuation is on the horizon, and now is the time to prepare. From 1 July 2026, employers must pay their employees’ super guarantee on payday, at the same time salary or wages are paid.
This means reviewing your current payroll processes so you can implement the new requirements smoothly and avoid last‑minute pressure.
Under the new system, the super guarantee will be:
- calculated at 12% of an employee’s qualifying earnings (QE) — a new term that includes ordinary time earnings (OTE) plus certain additional payments
- paid directly to the employee’s super fund on payday and received by the fund within 7 business days.
What business owners should do now:
- familiarise yourself with the upcoming changes
- review your payroll systems and plan early for the transition
- seek advice from your tax or payroll professional
- visit the ATO website for full details:
www.ato.gov.au/businesses-and-organisations/super-for-employers/payday-super/about-payday-super
Preparing early will help ensure a smooth shift to the new payday super requirements.