Currently, employers who make a late super guarantee (SG) payment can lodge a super guarantee charge (SGC) statement and use the LPO to reduce their SGC liability by amounts paid late to a fund.
With Payday Super being introduced, this will no longer be available. The last time employers can use LPO is for the quarter ending 31 March 2026. Super for this quarter is due 28 April 2026 and they can claim LPO when lodging an SGC statement for any late payments made up to and including 30 June 2026.
On 1 July 2026, Payday Super starts and employers will pay super for each payday. If there is a shortfall for the quarter ending 30 June 2026, SG payments made between 1-28 July 2026 will first be used to reduce this shortfall before being applied to payday super amounts. In payday super, late payments will automatically be applied under the law to the oldest outstanding payday super amount.
SMSF trustees may receive calls from employers.
We recommend employers pay SG in full, on time and to the right fund.
For information, see missed and late super guarantee payments.
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