Ayu Bookkeeping & Accounting

25/05/2026

Payday Super Starts 1 July 2026 – Is Your Business Ready?

With Payday Super approaching, small businesses should start preparing now to avoid cash flow pressure, missed payments, and compliance issues.
What is changing?
Superannuation will need to be paid at the same time as wages for every pay run, rather than quarterly.

Who does it apply to?
Payday Super applies wherever super is payable, including:
• Employees
• Directors & closely held employees receiving wages
• Certain contractors treated as employees for super purposes

Key things businesses should prepare for:
• New approval process for every super payment
• Increased cash flow management requirements
• Payroll software & system updates
• Consistent payment tracking and record keeping

Important July 2026 Transition Reminder
Businesses may face overlapping super obligations, including:
• Super payments for July pay runs
• Final June 2026 quarterly super due by 28 July 2026

Planning ahead now can help avoid financial pressure and late payment issues.

Practical Tips:
• Review your payroll & super process early
• Speak with your Bookkeeper or Advisor
• Check your payroll software is Payday Super ready
• Test systems and payment workflows before July 2026

The ATO has indicated its first-year focus will be on businesses making genuine efforts to comply, but timely and consistent payments will still be essential.

Don’t leave preparation until the last minute. Getting your systems and processes ready now will make the transition much smoother.

If you need assistance preparing your business for Payday Super, please don’t hesitate to contact us. We’re here to help you navigate the changes and ensure your systems and processes are ready before 1 July 2026.

Helpful Resources:
• ATO Payday Super Communication Toolkit -https://www.ato.gov.au/businesses-and-organisations/super-for-employers/payday-super/payday-super-resources/payday-super-communication-toolkit/employees
• June–July Payday Super Changeover Guide- https://www.ato.gov.au/businesses-and-organisations/super-for-employers/payday-super/payday-super-how-to-manage-super-during-the-changeover -HowtopaysuperduringtheJuneJulychangeover

26/04/2026

Employees: Payday Super Starts 1 July 2026

From 1 July 2026, your super will be paid at the same time as your wages, instead of every quarter.

This means you’ll start seeing smaller super contributions paid more regularly, usually with each pay cycle.

What you need to know:
Super will be paid with your wages
Contributions must reach your super fund within 7 days of payday
Payments may take a few days to show in your super account
No action is required from employees

It’s a good idea to check your super account regularly, especially during the changeover, to make sure contributions are being received and your super details are correct.

If a payment doesn’t appear, speak with your employer first. If needed, you can also contact your super fund or the ATO for help.

This change will make super payments more regular and easier to track, helping you stay on top of your super.

26/04/2026

Payday Super is Coming.Is Your Business Ready?

From 1 July 2026, employers will need to pay superannuation at the same time as wages. Known as Payday Super, this means super will no longer be paid quarterly,it must be processed with every pay run.

Key changes:
✔ Super paid with each pay cycle
✔ Contributions must reach the fund within 7 days of payday
✔ SBSCH closes on 30 June 2026
✔ Employers remain responsible for paying super on time and correctly

Important dates:
28 April 2026 – Jan to Mar quarterly super due
30 June 2026 – SBSCH closes
1 July 2026 – Payday Super starts
28 July 2026 – Final quarterly super payment due

Now is the time to review your payroll systems, payment methods, and cash flow processes to make sure your business is ready.

Need help preparing for Payday Super?
Contact us today. We can help you review your payroll setup and make the transition smooth and stress-free.

10/11/2025

Become a Cyber Champion with the Cyber Wardens Program

💡 Lead the Way in Cyber Safety!
Cybersecurity is one of today’s biggest challenges but every small business can take action.

Join the Cyber Wardens Program and become your business’s Cyber Champion no IT background needed!

You’ll learn to:
🔐 Protect business data
👥 Encourage cyber safe habits
💬 Build awareness in your workplace

The program is free, practical, and designed for business owners, bookkeepers, and managers who want to make a real difference.

👉 Start with the Foundations or Level 1 Course:

Supported by an industry alliance of household names, Cyber Wardens helps protect Australian small businesses from online threats. Educate your team today.

05/11/2025

Free Help for Small Businesses After a Cyber Incident

🔒 Cyber Trouble? You’re Not Alone.
Cyber scams, data breaches, or hacking incidents can happen to anyone but there’s free help available for small businesses.

The IDCARE Small Business Cyber Resilience Service provides confidential, one on one guidance for Australian small businesses (with fewer than 19 staff).

Their support includes:
✅ Personalised cyber health checks
✅ Step by step recovery assistance
✅ Ongoing resilience advice
✅ Emotional support for business owners and staff

📞 Call 1800 595 160 or visit idcare.org to get started.

IDCARE is the national identity & cyber support service. We offer free phone consultations and advice from specialised identity and cyber security counsellors. See our Learning Centre to learn how to prepare, prevent, detect and respond to cyber related issues.

25/10/2025

Stay on Top of ATO Lodgement & Super Deadlines

📣 Important BAS & Super Dates for Small Business!
Stay organised and compliant keep these key deadlines on your radar:

🧾 BAS Quarterly Lodgements
• September Qtr (2026 FY): Due 28 Oct 2025
• December Qtr (2026 FY): Due 28 Feb 2026

💰 Super Guarantee Contributions
• July–Sept 2025: Due 28 Oct 2025
• Oct–Dec 2025: Due 28 Jan 2026

💡 Remember: Late super payments are not tax deductible plan ahead to avoid penalties.
Need help managing your BAS or Super? We’re here to help

25/10/2025

Strengthen Your Cyber Resilience

Keep Your Business Devices Safe!
Cyber threats are on the rise but protecting your digital tools doesn’t have to be complicated.
The Australian Cyber Security Centre (ACSC) has released free “How-To” security guides for Apple, Google, and Microsoft devices ideal for small business owners who want to keep their systems safe.
🔒 These step by step guides show you how to:
✅ Secure your devices
✅ Protect sensitive data
✅ Reduce risks like phishing or ransomware
No tech background required just simple, practical steps to strengthen your cyber safety.

🔗 Download your free guide:

How to protect your small business from common cyber threats.

31/08/2025

Is your BAS Agent registered?
Using an unregistered preparer could put your business at serious risk.

See more (expanded content):
🔹 The Value of a Registered BAS Agent

The Tax Practitioners Board (TPB) has launched the ‘Find a BAS Agent You Can Trust’ campaign to remind businesses of the importance of engaging only registered BAS Agents.

Why this matters:
⚠️ Unregistered BAS preparers are not qualified, cannot legally lodge on your behalf, and could expose your business to penalties or legal consequences.
✅ Registered BAS Agents are skilled, legally recognised, and accountable to the TPB.

How to check if your BAS Agent is registered:
✔️ Search the TPB Register
✔️ Look for the Registered Tax Practitioner symbol on their website, stationery, or email signature

Accurate BAS lodgements are vital for your business. With submissions due monthly, quarterly, or annually, working with a registered professional protects you from costly mistakes.

👉 Check the TPB register here: TPB Register – BAS Agents

Sign up to receive our eNewsletter and we will send you information about important new developments and timely reminders relevant to tax practitioners

31/08/2025

New Rules for Casual Employment – Effective August 2025

From 26 August 2025, important changes will apply to casual employment laws. The Fair Work Ombudsman’s Guide to Casual Employment provides:
🔹 A summary of casual employee entitlements
🔹 Key differences between casual and permanent employment
🔹 FAQs and practical examples
🔹 Guidance on the new ‘employee choice pathway’, which lets eligible casuals request to move to permanent employment

Also, remember – casuals are entitled to 10 days of paid family and domestic violence leave per year.

📘 Stay informed and protect your business.
👉 Learn more here: Casual employees - Fair Work Ombudsman

Learn more about casual employees and what entitlements they receive.

23/06/2025

🔎 Fair Work Ombudsman (FWO) Spot Checks: Are Your Payroll Records Compliant?

The Fair Work Ombudsman (FWO) has recently conducted surprise audits on small businesses across six cities, including Sydney, Melbourne, Perth, Hobart, Adelaide, and Cairns. The focus? Ensuring employers are keeping proper payroll records. Industries targeted include retail and services such as florists, butchers, beauty salons, bakeries, and phone repair shops particularly where younger or migrant workers are employed.

⚠️ Inspectors checked:
• Pay slips and timesheets
• Correct provision of the Fair Work Information Statement and Casual Employee Information Statement
• Accuracy and completeness of records

🔻 What They Found
Businesses with missing or poor records faced on-the-spot fines. Penalties ranged from $1,878 for individuals to $9,390 for companies. In 2023 alone, 760 fines were issued across Australia, totalling nearly $1 million.

📌 Why It Matters
Accurate and compliant record-keeping protects your business and your staff. It helps prevent underpayments and allows you to resolve payroll issues quickly and confidently.

📁 Your Record-Keeping Obligations Include:
• Employee details (name, start date, type of employment)
• Pay rates, hours worked (especially for irregular or overtime work)
• Leave records and balances
• Superannuation contributions
• Copies of agreements (e.g., flexible work, leave in advance)
• Termination details
Records must be kept for 7 years, be legible, in English, and available for Fair Work Inspectors. Falsifying or failing to maintain records can lead to serious legal consequences.

👩‍💼 How a Bookkeeper Can Help
A professional bookkeeper ensures your systems are compliant and efficient. They help:
✅ Set up accurate payroll and leave systems
✅ Maintain super, pay slips, and timesheets
✅ Keep you up to date with Fair Work requirements
✅ Support you during audits or FWO checks
✅ Rectify any gaps or errors without added risk

📚 Need Help?
The FWO provides tools like pay slip templates, self-audit checklists, and an online learning centre for employers. Visit www.fairwork.gov.au or call 13 13 94 for free guidance.

👉 If you’re unsure about your payroll records or need help getting back on track, reach out to your trusted bookkeeper,we’re here to support your compliance and peace of mind.

The Fair Work Ombudsman is Australia's workplace regulator. We help everyone in Australia follow the laws that make all workplaces equal and fair.

13/05/2025

Small Business Restructuring:
What Every Director Needs to Know About Personal Exposure

The Small Business Restructuring (SBR) process is a cost-effective and simplified pathway for small businesses in financial distress to manage debt and get back on track. However, many directors overlook the personal risks involved,particularly in relation to Director Penalty Notices (DPNs) and personal guarantees.

Here’s What You Need to Know:
• If your company receives a non-lockdown DPN, you may avoid personal liability by initiating an SBR within 21 days.
• Lockdown DPNs and personal guarantees can still expose directors to personal risk even during an SBR so timely expert advice is essential.
• Creditors can enforce personal guarantees once the SBR period ends if no payment arrangements are made.
• SBR enables eligible businesses to negotiate with creditors, reduce legacy debts, and avoid liquidation.
• Early warning signs matter,your bookkeeper is key to identifying financial red flags and initiating the right course of action.

While an SBR doesn’t remove all personal risk, acting fast and seeking help from your bookkeeper and trusted insolvency experts can protect you and help secure your business’s future.