minimo1
11 days agoContributing User
Questions regarding Superannuation as of July 2025
Questions:
- As of July 2025 Superannuation payment to employees depends on payroll frequency - which in our case since it's paid weekly does that mean we'll need to pay super weekly?
- We've just register to pay super via MYOB, but in the field we only have choice for Monthly or Quarterly, where can we change the pay frequency to weekly?
Thanks you in advance.
Kind regards,
Mini
Hi minimo1,
The upcoming changes in superannuation payment frequency that you're referring to are set to take place from July 1, 2026. According to the Australian Taxation Office (ATO), employers will be required to pay their employees' super at the same time they pay wages. However, it's important to note that this measure is not yet law and is currently under consideration.
As of now, there haven't been any announced changes to the frequency of superannuation payments. For more detailed information, you can check out the ATO's website.
Regards,
Genreve