My Business Already Owes the ATO $350,000. What Happens When Payday Super Puts More Pressure on Cashflow?
Your business already owes the ATO: $350,000. Payroll is: $115,000 every fortnight. Cashflow is manageable, but tight. Customers commonly take: 30 to 45 days to pay. Then another change arrives: Payday Super. Instead of treating superannuation as an obligation that can be managed on a quarterly timetable, employers need to think about super much closer