The Australian Taxation Office is introducing the biggest shift to superannuation in years, moving from quarterly payments to a "Payday Super" model. Linda Dang, CEO of e.Advisory, joins Phil Di Bella to explain how hospitality businesses must adapt their cash flow and payroll systems before 1 July to avoid daily compounding penalties.
WHY LISTEN
Understand the Mandate: Learn exactly what Payday Super means for your weekly or fortnightly pay cycles.
Avoid Penalties: Discover how the ATO's new penalty regime compounds interest on a daily basis for late payments.
System Upgrade: Identify which payroll softwares automate award compliance and super distribution.
Cash Flow Strategy: Get practical advice on transitioning your bank balance to handle more frequent outflows.
Data Integrity: Understand why the 28-day "buffer" for fixing errors is disappearing.
KEY TAKEAWAYS
Start Early: Do not wait until 1 July; implement payday super payments now to identify system errors and adjust cash flow expectations.
Audit Your Data: Ensure all employee TFNs and super fund details are 100% accurate, as "bad data" is the primary cause of payment failure.
Use Modern Payroll: Transition away from manual tracking to software like FoundU, Tanda, or Deputy to manage complex hospitality awards and automated super calculations.
Prepare for the Double-Hit: In July, businesses must pay both the final June quarter super and the new payday super simultaneously.
Manage the "Stapling" Rule: Employers are responsible for checking the ATO portal to find an employee's "stapled" fund if they don't provide details.
Beyond Super: Track every tax invoice and expense daily rather than monthly to maintain a true picture of "liquid cash".
Expert Integration: Treat bookkeeping and accounting as an investment that removes the "admin burden," allowing owners to focus on front-of-house growth.
BEST QUOTES
[00:02:22] "Payday super, essentially paying super as you pay wages."
[00:03:33] "ATO's number one focus has always been on workers' superannuation. It is their number one red flag."
[00:03:45] "They're happy for you to owe them money. But certainly not happy for you to owe your workers money."
[00:07:21] "We just have to assume it's going to be tough. Okay. Yeah. So it's expect the worst, right?"
[00:09:18] "It gets compounded every single day... 0.03% every single day if you don't pay super in time."
[00:12:13] "Accounting and bookkeeping is always an investment. It takes the admin burden off a business owner."
[00:14:01] "The money coming into your cash register... is not yours until you've paid all your expenses."
ABOUT THE GUEST
Linda Dang Linda is the CEO and Founder of e.Advisory and a hospitality accountant turned business growth consultant. With over a decade of experience, she combines a background in hospitality management with financial expertise to help SMEs navigate complex compliance and growth hurdles.
What you’ll learn from them today: How to transition your business to the Payday Super model and use payroll technology to automate compliance.
BRANDS, TOOLS & RESOURCES
e.Advisory – Linda Dang’s accounting and business growth firm – advisory.com.au
The Coffee Commune – A collaborative hub for the coffee and hospitality community – coffeecommune.com.au
Xero / MYOB – Accounting software with integrated payroll features.
FoundU / Tanda / Deputy – Specialist payroll and workforce management software for hospitality.
HostPlus / Australian Super – Superannuation funds offering free employer portals for small teams.
QuickSuper – A free clearinghouse alternative for teams of five or fewer.
SHARE-WORTHY MOMENTS
[00:02:44] The "Insolvency" Safeguard: Why the government is mandating weekly payments to protect employee retirement funds.
[00:03:53] The Death of the Free Clearinghouse: Why the ATO is retiring its Small Business Superannuation Clearinghouse.
[00:04:52] Software vs. Spreadsheets: Why hospitality owners cannot afford to manually calculate 7 AM vs. 7 PM award rates anymore.
[00:07:02] The 20-Day Grace Period: The one-time "leeway" for new employees before penalties kick in.
[00:08:18] What is "Stapling"? How to find an employee's super fund when they don't know it themselves.
[00:09:57] The Queensland Outlook: Why 500,000 businesses are currently underprepared for 1 July.
[00:13:37] The BAS Myth: Why you can't actually "reduce" your BAS and what you should focus on instead.
TIME-STAMPED RUN-DOWN
[00:00:43] – Introduction to Linda Dang and e.Advisory.
[00:02:03] – The 1 July Deadline: Defining the Payday Super mandate.
[00:02:56] – The Cash Flow Impact: Why businesses must start the transition now.
[00:03:33] – ATO Red Flags: Why super is the most "dangerous" debt to hold.
[00:03:56] – Clearinghouse Shutdown: Why the old free system is being retired.
[00:04:46] – Payroll Tech Stack: Comparing FoundU, Tanda, and Deputy.
[00:05:25] – Award Complexity: Automating 7 AM vs. 7 PM hospitality rates.
[00:06:43] – Errors & Penalties: The 20-day rule for new employee data.
[00:08:18] – Stapled Super: How to find lost accounts via the ATO portal.
[00:09:12] – Daily Interest: Understanding the 0.03% compounding penalty.
[00:12:09] – Investment vs. Cost: The real value of outsourced bookkeeping.
[00:13:50] – Know Your Numbers: Why liquid cash isn't profit.
[00:15:04] – Where to find Linda Dang and e.Advisory.
If you are a cafe owner, hotelier, or small business operator, this episode is your essential survival guide for the upcoming ATO changes. Listen now on Spotify, Apple Podcasts, or via the Coffee Commune to ensure your business remains compliant and your cash flow stays healthy.
Produced by The Podcast Boss: thepodcastboss.com
