Forum Discussion
MickyH75
Experienced User
BenModernI don't think you're an outlier. Those that are happy for it to be every 24h are probably the outliers.
DuncanS
8 days agoUltimate Partner
I understand the 24 hour timeframe is a Treasury requirement.
PayDay Super requirements were announced by the Treasurer this week (say 17 September 2024).
Treasury appears to have ignored the workload/cost of implementation of PayDay Super for micro businesses. I recall that my Professional Body in the submission to Treasury suggested that micro businesses be excluded from PayDay Super.
Lots of changes from Treasury (conceivably with good intent) but it appears without much consideration of the implementation process.
Duncan