As an employer, are you aware of the changes to superannuation for the 2026 financial year?

The big change for the 2026 financial year is the increase in the Superannuation Guarantee (SG) to 12%. This applies to all payroll paid from 1 July 2025. 

We expect all payroll software providers should incorporate these changes.

The Concessional Contributions (before tax) limit will not change; it will remain at $30,000.  Please note that if your superannuation balance is below $500,000 as of 30 June 2025, you can contribute more by using any unused concessional contributions from the previous 5 years, under the limit.

Please note, as an employer, superannuation expenses are not tax deductible until they are paid and the money is received by the complying superannuation fund. We encourage you to pay your June 2025 quarter superannuation contributions early and get a tax deduction in the 2025 financial year.

Superannuation Payment dates have not changed. However, as the superannuation rates are increasing, it would be advisable to pay your employees' superannuation at the same time you pay their wages. Superannuation is part of their remuneration.

Delaying your superannuation payment to the due date can potentially leave you short of cash at the wrong time. Making smaller payments as you go will have minimal impact on your cash flow.