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 your employer clients 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 your clients will pay super each payday. If there’s 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. We recommend your employer clients pay SG in full, on time and to the right fund.
Talk to your clients about how to manage missed and late super guarantee payments.