Pay Day Superannuation

From 1 July 2026, employers will be required to pay their employees’ super at the same time as their salary and wages.

Employers will be liable for the super guarantee charge (SGC) unless contributions are received by their employees’ superannuation fund within 7 days of payday.

It will ensure millions of Australians receive the superannuation they are owed and benefit from having their super invested earlier and more frequently.  It should mean less lost super and better investment outcomes in preparation for retirement.

If you have any questions regarding super don’t hesitate to get in contact with us at STS Accounting.