To qualify for a tax deduction in the 2025 financial year, or if you are managing your super cap, cash needs to reach the superfund and they need to complete the paperwork by 30th June. Payments from Xero need to be authorised before Friday 20th June as superfunds muck around with the moolah for days or weeks.
Contact us if you’d like to make payments in June.
The usual final deadline of 28th July still applies if you choose to not make an early payment.
Speak to your accountant about the tax implications of bringing the payment forward.
