Bookkeeping

The government introduced Payday Super legislation into parliament last month, to take effect 1 July 2026. This measure is not yet law. We provide an update.

Legislation enacting the payday super reforms, tying the payment of superannuation guarantee to the payment of employee wages, was tabled in Parliament recently. We outline the key points.

From 1 July 2025, employers must pay superannuation on government-funded Parental Leave Pay at the standard SG rate. Learn what this change means and how to prepare.

Xero has announced further changes to their Payroll product on their Ignite and Grow plans.

Quick reminder for Xero Users that Xero will start to retire 'classic invoicing' from 27 February 2025.

Under the proposed Payday Super law, employers will pay their staff superannuation guarantee at the same time as their salary and wages from July 2026. 

Xero will begin transitioning users to its new invoicing system starting the week of 2 September 2024.

To help Xero Users get through EOFY from start to finish, we outline some handy steps to guide you through the process to finalise year-end payroll.

Xero will be refreshing subscription plans for small business users, which will be available from 1 July 2024.