Pay Day Super 2026 – breaking down the topic
Is Your Payroll Ready for Payday Super? Here’s How to Prepare for the Change
If you’re a small business owner, you already have a lot on your plate: managing staff, keeping up with day-to-day operations, and ensuring compliance with payroll and tax laws. But there’s a big change on the horizon that you can’t afford to ignore: payday super
What is Payday Super?
Starting on 1 July 2026, Australian businesses will be required to pay superannuation for employees each time they are paid—whether that’s weekly, fortnightly, or monthly—rather than just once every quarter. If you’re already feeling overwhelmed by payroll issues and behind on compliance, this change can seem daunting. But don’t worry—there’s plenty of time to get prepared, and we’re here to help you navigate this transition
Currently, superannuation contributions are due quarterly. However, under the new rules, super must be paid every pay day, whether it be weekly, fortnightly, monthly, bi-monthly, it is EVERY time someone is paid wages, which means more frequent compliance checks for employers. This change will apply to most employees, including full-time, part-time, casual, and some contractors.
This new system will reduce the risk of underpayment, help employees access their super sooner, and ensure that businesses are more accountable for their super contributions. But it also means businesses will need to adjust their payroll systems to meet the new requirements.
Why You Need To Act Now
The shift to payday super may sound far away, but the reality is that preparing for this change takes time. Here’s why starting now is crucial:
Avoid Penalties: Non-compliance with superannuation payments can result in significant fines and back payments. Getting ahead of payday super will help you avoid these costly penalties.
Stay Competitive: Employees will expect timely super payments. Businesses that fail to adapt may find themselves at a disadvantage when it comes to attracting and retaining talent.
Simplify Your Payroll: Transitioning early allows you to smooth out the kinks in your payroll system before the deadline, making the change much easier when it arrives.
How to Get Ready for Payday Super
You might be thinking, “How do I even begin preparing for payday super?” Don’t worry, we’ve got you covered. Here’s a simple roadmap to ensure your payroll system is ready for the new requirements:
1. Review Your Payroll System
Ensure your payroll system is capable of processing super payments on a per-pay cycle basis. Many businesses may need to upgrade their current software or switch to a provider that can handle the new rules.
2. Get Familiar with the Rules
Understand the specific requirements for calculating and paying super for each employee. Different employees may have different superannuation entitlements, depending on factors like earnings, employment status, and age.
3. Train Your Team
Ensure that whoever is managing payroll in your business understands the new regulations and how to comply with them. If you outsource payroll, now’s the time to confirm that your provider will be ready for the change.
4. Plan Your Cash Flow
Since superannuation will need to be paid more frequently, make sure your cash flow can handle the increased frequency of payments. Early planning will ensure that you’re not caught off guard.
5. Check Your Superannuation Fund Details
Review your superannuation fund arrangements and make sure they align with the new rules. Some employees may want to switch funds, and you’ll need to make sure you’re ready to manage any changes
How We Can Help You with All of These Pain Points?
We understand that getting your payroll system ready for payday super can be a huge source of stress. It’s complicated, time-consuming, and the stakes are high. But you don’t have to face it alone. With BAS and Balances, you can leave the headache of payroll compliance to our team of trained payroll professionals who do this every day, so you don’t have to.
Here’s how we can help:
Expert Payroll Compliance Audits: Our team will conduct a thorough audit of your current payroll processes to ensure you’re meeting all legal obligations, including the new payday super requirements. We’ll catch any potential issues before they become problems.
Superannuation Management: Superannuation laws can be confusing, and making a mistake can be costly. We’ll handle all the complexities of super contributions, ensuring they’re paid on time and in full—every pay cycle. You can rest easy knowing that your super obligations are covered.
Ongoing Support from Payroll Professionals: Our team is made up of professionals who live and breathe payroll compliance. As the payday super deadline approaches, we’ll continue to guide you through any updates or adjustments you need to make, answering questions and ensuring you stay on track.
Custom Solutions for Your Business: Whether you have a simple payroll structure or a more complex system with varying super entitlements, we’ll tailor our services to fit your business’s needs. From the first pay cycle to ongoing maintenance, we ensure everything runs smoothly.
Don’t Wait—Start Preparing Today
With just under three years until payday super becomes mandatory, now is the time to start getting your payroll systems in order. The earlier you start preparing, the easier the transition will be. By taking action today, you’ll avoid penalties, reduce stress, and ensure that your business remains compliant and competitive.
Get in touch today to learn how we can help you navigate the changes, avoid costly mistakes, and give you peace of mind as we work to keep your payroll running smoothly. With our team of payroll professionals on your side, you can focus on growing your business while we handle the rest.
Offices based in Frankston Victoria and Lesmurdie WA, location doesn’t matter as we can arrange zoom or teams meetings, whatever suits you! You didn’t go into business to manage payroll services, but we did! With a Diploma in Payroll, we take payroll serious and it is all managed in our offices. Nothing we do is outsourced keeping your data safe and secure on Australian shores.
