Payday super factsheet
Want more details about the legislation? Check out our factsheet with all the info.
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Payday super is now law, with the changes starting from 1 July 2026. Are you ready for the change? Our payday super hub has all the updates and information you need.
The ATO’s Small Business Superannuation Clearing House (SBSCH) will close on 1 July 2026, meaning employers that use it will have to find another way to pay super. Find out more about the closure and what you can do next.
Payday is the date that an employer makes a qualifying earnings (QE) payment to an employee. QE comprises salary, wages, salary sacrifice super contributions and any other payments that qualify for the SG.
Employers will have 7 business days to pay their employee’s super after payday. Super funds will now have 3 business days, down from 20, to allocate or return contributions – meaning that data employers send will need to be high quality.
Employers will be liable for the super guarantee charge (SGC) unless super payments are successfully received in the super fund bank account no later than 7 business days after payday (QE day).
Employers that don’t pay employees’ super in full and on time will be charged interest and penalties. Employers can face extra charges and fees if they don’t pay all super entitlements within 28 days of receiving an ATO notice.
Watch our expert series where our subject matter expert talks through key questions around payday super.
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Beam makes the SBSCH closure and transition to payday super simple. Built for all businesses no matter the size, Beam helps you.
No later than 7 business days after payday. Payday is considered day ‘0’.
Qualifying earnings
Qualifying earnings (QE) is a new term for the types of payments you make to employees that are used to calculate the super guarantee (SG) under payday super. It includes (but is not limited to) ordinary time earnings, commissions (even when earned outside ordinary hours) and some salary sacrificed amounts.
3 business days (down from 20).
30 June 2026.
20 business days.
The contribution must be received by the super fund within 20 business days after the employee’s first payday. To find out more, visit payment deadlines for payday super.
Member Verification Request
Employers must use MVR functionality before making an SG contribution for the first time, to verify employee has an account with nominated fund and the fund can allocate contributions. Employers will be required to use the MVR once it is available to them in their clearinghouse or payroll software. MVR functionality will be available by March 2027, in line with regulations.
It is moving from a quarterly calculation to an annual calculation.
Check and fix any errors or warnings on your current contribution files, and make sure you have clean accurate employee data for future contributions. Removing errors upfront will be vital to meeting payday super timeframes.
Beam partners with the best in the business. Our super payments come pre-built into our partners’ software. Simplify payday super, every pay run by connecting with one of our partners.
Beam is the brighter way to pay super. Automated and built to reduce admin, it’s effortless payday super, every pay run.
Find out how Already using Beam? Head to our Knowledge Hub to learn more.Important information
This is general information. It’s not based on the specific objectives, financial situation or needs of your business. So think about those things and read the Product Disclosure Statement before you make any decision about our products. Contact us or your payroll provider for a Product Disclosure Statement (PDS).