Scope: Australia
Status requires verification
2026 Pay as you go (PAYG) withholding tax tables update
The ATO has updated all 15 PAYG withholding schedules and 12 tax tables to apply from 1 July 2026. Changes reflect personal income tax rate cuts from the 2025–26 Budget and indexation of study and training support loan repayment thresholds. ([softwaredevelopers.ato.gov.au](https://softwaredevelopers.ato.gov.au/2026-pay-you-go-payg-withholding-tax-tables-0?utm_source=openai))
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Payday Super starts 1 July 2026 – change to super guarantee frequency
From 1 July 2026, under the 'Payday Super' reform employers must pay the Super Guarantee **each payday**, rather than quarterly. Super guarantee contributions must reach employee super funds within 7 business days after payday. Qualifying Earnings (QE) is introduced to determine amounts, which includes Ordinary Time Earnings and certain payments to labour-contractors. The Small Business Superannuation Clearing House (SBSCH) will close permanently from that date. ([community.ato.gov.au](https://community.ato.gov.au/s/article/a07Mo00001qD2iH/payday-super-starts-1-july-heres-what-employers-need-to-know?utm_source=openai))
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Fund Validation Service (FVS) transition to 2026 Submit service
All superannuation funds must upgrade to the **Fund Validation Service (FVS) 2026 Submit** service by **1 July 2026**. While FVS Get and List versions transition more gradually (full soft cutover by 1 July 2027), the Submit service is required from 1 July 2026. This affects funds submitting super member validation requests and requires technical upgrades. This policy is *effective* and of *medium* impact for super funds and DSPs.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Payday Super reform – super paid each payday & closure of SBSCH
Starting 1 July 2026 Australia will implement **Payday Super**, so employers must pay super guarantee obligations each payday rather than quarterly. The Small Business Superannuation Clearing House (SBSCH) will be permanently closed on that date. Employers need to use alternative payment methods, ensure contributions reach super funds within 7 business days after each payday, update reporting via Single Touch Payroll to include year-to-date qualifying earnings and super liability, and download all records from SBSCH before the cut-off.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Payday Super reform — super guarantee paid each payday
The government’s Payday Super reforms, in force from **1 July 2026**, change how superannuation guarantee is paid and reported. Employers must pay contributions per payday based on qualifying earnings, with payments reaching super funds within 7 business days after payday. System updates (SuperStream, STP, Fund Validation Service) and updated penalty rules also apply. This reform is *enacted* and will have *high* operational and compliance implications for employers.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Small Business Superannuation Clearing House will close from 1 July 2026
The ATO announced that the SBSCH will be permanently closed from 1 July 2026 under the Payday Super reform. Existing users must switch to alternative payment methods, download records, and ensure system readiness for the transition to the new super guarantee obligations under payday-based payments.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Payday Super: Super Guarantee must be paid on payday from 1 July 2026
Under the new Payday Super regime, employers are required to calculate SG as 12% of Qualifying Earnings, pay on payday, and ensure funds are received by the super fund within 7 business days. Additionally, payroll systems must report new Qualifying Earnings codes, and super funds have revised allocation/return timelines.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Statement of formula rates and thresholds — GDP adjustment for 2026-27 GST and PAYG instalments
From 1 July 2026, the gross domestic product (GDP) adjustment factor will increase to 5%, and will apply for the 2026-27 income year. This affects how quarterly GST and PAYG instalment amounts are calculated, impacting cash flow and instalment obligations for businesses and individuals with quarterly obligations.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Canada Groceries and Essentials Benefit replacing GST/HST Credit with a One-Time Top-Up
Effective July 2026, the government will replace the GST/HST credit with the new **Canada Groceries and Essentials Benefit (CGEB)**. As part of the transition, a **one-time GST/HST credit top-up payment** will be issued starting June 5, 2026, providing approximately 50% of the prior year’s GST/HST credit for eligible low- and modest-income Canadians.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
GDP adjustment for 2026–27 GST and PAYG instalments
From 1 July 2026 the gross domestic product (GDP) adjustment factor for GST and PAYG instalments increases to 5% for income years commencing on or after that date; entities with substituted accounting periods starting in Jan-Mar 2026 continue to use the prior 4% rate.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Payday Super starts 1 July: Employers’ reporting & payment obligations
From 1 July 2026, employers must pay super guarantee contributions each payday (not quarterly), pay on qualifying earnings, ensure payments reach funds within 7 business days after payday, and include extra information in STP reporting. The reform changes how super is calculated, paid, and reported.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Canada Groceries and Essentials Benefit Act receives Royal Assent
Bill C-19, Canada Groceries and Essentials Benefit Act, became law in February 2026. It expands the GST/HST credit into a new Canada Groceries and Essentials Benefit (CGEB), increasing benefit amounts by 25% for five years from July 2026, and includes a one-time top-up equal to 50% of the 2025-26 GST/HST credit value, delivered in Spring 2026. ([canada.ca](https://www.canada.ca/en/department-finance/news/2026/02/legislation-passes-to-deliver-new-canada-groceries-and-essentials-benefit.html?utm_source=openai))
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
GDP adjustment for 2026-27 GST and PAYG instalments
From 1 July 2026, the GDP adjustment factor used to calculate quarterly instalments for GST and PAYG tax will increase to **5%** for income years starting from 1 April 2026. For those whose substituted accounting period (SAP) income year commenced in January, February or March 2026, the previous 4% adjustment still applies. The change increases quarterly instalment amounts for many businesses.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Payday Super starts 1 July 2026
The employer superannuation reform requiring employers to pay super guarantee contributions on **each payday** effective from **1 July 2026**, replacing quarterly payments. Contributions must be paid within 7 business days after each payday, calculated on 'qualifying earnings'. Also includes closure of the SBSCH Clearing House and updates to obligate employers and payroll providers to update systems and reporting (STP) to support this.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Contribution standard v3.0 for SuperStream
SuperStream Contributions Standard v3.0 (released June 2026) introduces enhancements to the data and payment standards, including new error messaging, supporting payments via the New Payments Platform (NPP), verification of member details, and tracking fund mergers and USI changes. Aim is to reduce errors and improve payment integrity ahead of Payday Super implementation.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Division 296: Better Targeted Superannuation Concessions tax on large super balances
Legislation has been enacted under the Treasury Laws Amendment (Better Targeted Superannuation Concessions) Act 2025 to impose additional tax on realised earnings of superannuation balances above $3 million (15%) and above $10 million (additional 10%), effective from 1 July 2026. Only realised earnings are taxed; thresholds are CPI indexed. First test date 30 June 2027; first assessments issued thereafter.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Payday Super: Life-of-payroll super guarantee payments from each pay run
The Treasury Laws Amendment (Payday Superannuation) Act 2025 mandates that from 1 July 2026 super guarantee contributions must be paid **on each pay run**, at the same time as wages, and received by the super fund within 7 business days. Also introduces reporting of qualifying earnings via STP using new codes. This replaces quarterly super payments and imposes tighter timing and compliance obligations on employers and super funds.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Welfare reforms saving taxpayer £1 billion come into force (Changes to the Motability scheme)
Effective 1 July 2026, new tax rules apply to the Motability scheme: VAT now applies to advance payments (top-ups) on leased vehicles, and Insurance Premium Tax (IPT) applies to new leases, excluding vehicles substantially and permanently adapted or designed for wheelchair or stretcher users. These reforms remove zero-rating and exempt IPT reliefs for most new qualifying vehicle leases, driving fairness in the scheme. ([gov.uk](https://www.gov.uk/government/publications/vat-and-insurance-premium-tax-change-to-reliefs-for-qualifying-motor-vehicle-leasing-schemes/motability-scheme-reforming-tax-reliefs?utm_source=openai))
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Prescribed interest rates for third calendar quarter 2026
Canada Revenue Agency released interest rates applicable from **July 1 to September 30, 2026**, including: 7% charged on overdue taxes, CPP contributions, and EI premiums; corporate overpayments: 3%; non-corporate overpayments: 5%; interest used for taxable benefits and shareholder loans: 3%; corporate taxpayer ’pertinent loans or indebtedness’: 6.30%. Also applies similarly to other duties and taxes remittances. These rates affect compliance, planning (timing payments) and refunds.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Motability scheme reforms come into force ‐ new tax rules on leases
From 1 July 2026, new tax rules apply to Motability car leases: VAT will apply to advance payments for higher-cost vehicles (‘top-ups’), and Insurance Premium Tax will apply to new leases. These reforms remove luxury vehicles from the scheme and are designed to save taxpayers ~£1 billion by 2030 while retaining core access for eligible disabled people.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2026
- Verification
- Not recorded
Open cited source