Empire Update: March 2019
Posted 7 Mar '19
Posted 7 Mar '19
If you haven’t started thinking about Payday Super yet, now’s the time.
This is one of the most significant changes to employer superannuation obligations in over 30 years and it officially starts on 1 July
2026
(tick tock tick tock, that date will be here before we know it!).
Many small businesses provide company vehicles for employees to perform their duties.
For those who may not be aware, the ATO’s Small Business Superannuation Clearing House (SBSCH) will permanently close on 1 July 2026. From 1 October 2025, new registrations will no longer be accepted. This is a major change that affects small businesses across all industries currently using the SBSCH to pay their employees’ super.