With the third month of the Payday Super regime underway (effective 1 July 2026), the ATO has published a myth-busting guide addressing common misconceptions among employers and payroll providers. Payday Super requires employers to pay superannuation guarantee contributions at the same time as salary and wages, rather than quarterly. The guide clarifies obligations for contractors, bonus payments, and the interaction with Single Touch Payroll reporting.
Key Takeaways
- Payment Frequency: Super must be paid each pay cycle (weekly, fortnightly, monthly) aligned with payday.
- Contractor Super: If a contractor is deemed an employee for super purposes, Payday Super applies to their payments.
- STP Reporting: Super contributions must be reported through STP each pay event; the ATO matches these to fund receipts.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
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