Payday Super – Legislation has passed!

Payday Super is the most significant shake-up to superannuation in more than 30 years – have all your questions answered in this webinar!

The Payday Super legislation has just passed parliament and now is the time to get up to speed on Payday Super before your clients starting asking you questions on how it will impact them, their employees, and their business, before the 1 July 2026 start date.

The introduction of Payday Super and the simultaneous closure of the Small Business Superannuation Clearing House is set to have a big impact on the way superannuation has been paid by small business in Australia.

The timeline to review current payroll systems, understand what’s changing and the impact it will have on your business clients and then implement updated software solutions to cater for the legislated changes is extremely tight. All of our professional associations, and many industry bodies along with software vendors all requested additional time to implement beyond the 1 July 2026 timeline, however this date is now set and it is up to us to assist employers with the transition to Payday Super.

This session is designed to bring you up to speed on what you need to know now about Payday Super so you can start the process of proactively advising your clients on how to ensure they understand their changing obligations and are prepared for a smooth transition by 1 July.

You may also be interested in: Payday Super – Are you ready?

Learning Outcomes:

• What is Payday Super.
• Why is it being introduced.
• What types of Super payments are covered under the Payday Super Legislation.
• What’s changing when it comes to the timing of super payments.
• Key dates for implementation and on-going operation of Payday Super.
• How employers may still be liable for penalties even if they have made their super payments on time.
• What concessions exist for employers.
• How the Superannuation Guarantee Charge (SGC) calculation is changing.
• How the closure of the Small Business Superannuation Clearing House (SBSCH) will impact over 200,000 employers currently using the system.
• How Single Touch Payroll will be updated to cater for Payday Super reporting.
• How out of cycle payroll payments are treated.
• Key components of the Payday Super Legislation and how it will impact your clients.
• What is currently included in the Draft ATO Payday Super PCG (Practical Compliance Guideline).
• The new term “Qualified Earnings” (QE) and how it differs from “Ordinary Time Earnings” (OTE).
• What changes payroll software vendors will need to make to software by 1 July.
• The ATO compliance approach for the first 12 months of Payday Super.
• How you can commence advising and preparing clients on the introduction and impact of Payday Super on their business.

Suited to:

Accounting Professionals involved in Business Advisory services including technology and those assisting clients in payroll setup, processing or support.

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Super Reconciliation – Sanity Check