Treasury Laws Amendment (Payday Superannuation) Act 2025 (57 of 2025)

Schedule 1   Amendments

Part 2   Consequential amendments of other Acts

Taxation Administration Act 1953

169   Subsection 269-10(3) in Schedule 1

Repeal the subsection, substitute:

Superannuation guarantee charge

(3) For the purposes of this Division, the company's superannuation guarantee charge for a *QE day under the Superannuation Guarantee (Administration) Act 1992 is treated as being payable on the earlier of the following days (the due day ):

(a) the first day after the end of the 60-day period starting on the QE day;

(b) the day the charge is payable (see subsection 36(4) of that Act);

even if, if paragraph (a) of this subsection applies, the charge has not yet been assessed under that Act.