Payday Super is Coming from 1 July 2026
From 1 July 2026, the way employers calculate, pay and report super is changing. The new Payday Super rules mean super will be calculated on qualifying earnings (QE) and paid each payday , not quarterly. Qualifying earnings is ordinary time earnings, salary sacrifice contributions and other payments included in salary or wages for Super Guarantee (SG) purposes. While many employers may not pay more super overall, the timing, reporting and compliance obligations will chang
ATO Tightens Focus on Trusts and Wealth Structures
The ATO is paying closer attention to how income, assets and wealth are structured — particularly where trusts and family groups are involved. While much of the focus is on higher-wealth taxpayers, many small business owners and professionals could also be affected. Key Areas the ATO is Watching Trusts and Family Groups Errors in family trust elections and distributions can trigger unexpected tax and interest. The ATO is encouraging voluntary disclosures to correct past mista