The ATO is closing the Small Business Superannuation Clearing House (SBSCH): here’s what Thriday customers need to know

This change is part of the broader Payday Super reform. From 1 July 2026, employers will need to pay employees’ superannuation on payday, aligning it with their wages.

Why it matters

The Small Business Superannuation Clearing House (SBSCH) has been a lifesaver for many small businesses, free, simple, and handled super payments in bulk on your behalf via one transaction. Now, those businesses will need to shift to paid alternatives or integrated systems.

With the SBSCH gone, businesses face a few new pressures:

• More administrative work, especially if you’re shifting from quarterly to payday super payments
• Potential subscription costs, as many new options aren’t free
• Risk of penalties for late super payments, even if delays are caused by bank or payment processing lag

Why Thriday makes this transition smooth

1. Super + accounting + banking all in one place
Thriday already lets you manage bookkeeping, accounting, invoicing, tax forecasting—and your actual business transactions—all in one platform. You’ll be able to handle payroll and super payments seamlessly, with none of the headaches of jumping between systems.

2. You won’t need to chase multiple subscriptions
Unlike traditional payroll software, which may hike prices for more frequent super payments, Thriday includes everything—even banking—in one subscription. That means no extra cost when gears shift under Payday Super.

3. Real-time cash flow insights
With Thriday’s up-to-the-minute account balances across up to 10 built-in transaction accounts, you’ll always know what’s coming and going—and when. Payday super? No worries—you’ll see it all in real time.

4. Less to set up, more time saved
Most platforms require manual setup and syncing. Thriday’s infrastructure handles the heavy lifting—from receipt scanning to automated tax calculations—so there's less to configure and fewer technical hurdles when the SBSCH closes.

What to do next

1. Know your timeline
   • Registration will close for SBSCH: 1 October 2025
   • Final access ends: 30 June 2026
2. Choose your next payment method
   • Use Payroo’s auto super function to handle payments automatically on payday
   • Use your default super fund’s clearing house (most employers already have a default fund and can use its in-built clearing service)

Bottom line

The end of the SBSCH isn’t just a regulatory change, it’s a turning point. Businesses now need a smarter way to manage super, payroll, and accounting. And that’s exactly where Thriday fits in.

Ready to make this transition stress free? Let’s chat about how Thriday can keep you compliant and pain free when Payday Super kicks in.

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