Payday Super is coming
🚨 PAYDAY SUPER is coming
The Australian Taxation Office (ATO) is introducing PAYDAY SUPER — meaning superannuation contributions will need to be paid at the same time as salary and wages.
This change aims to:
✔ Reduce unpaid super
✔ Help employees track their super more easily
✔ Strengthen retirement outcomes
If you’re an employer, now’s the time to review your payroll processes and systems. You don’t have to wait until 1st July, you can start now and get used to the new way of paying super.
Learn more and prepare here:
🔗 https://www.ato.gov.au/paydaysuper
#ATONews #PaydaySuper #Superannuation #PayrollUpdate
For more information please contact your Accountant today!