On 9 October 2025 the Government introduced the Payday Super legislation into Parliament. The new system is proposed to take effect from 1 July 2026 and will basically ensure that employer superannuation guarantee (SG) contributions are paid at the same time as salary and wages and need to be received by the employee’s fund within seven business days. Otherwise, employers face updated superannuation guarantee charges (SGC).
The ATO is also reminding taxpayers that they will retire the Small Business Superannuation Clearing House (SBSCH) platform from 1 July 2026 for all users and alternative options should be sought to ensure compliance with the new Payday Super laws.
The ATO has issued a draft Practical Compliance Guideline PCG 2025/D5 which outlines a risk-based compliance approach for the first year of Payday Super (1 July 2026 to 30 June 2027). Further details on the legislation and draft PCG can be found below.
