SteveHneedshelp's avatar
SteveHneedshelp
Cover User
10 years ago
Status:
Open

Payroll: Superannuation category calculate based on hours (under 18 year old)

Superannuation guarantee Payments in Australia must be paid for all employees (there are some minor exceptions)  that are paid $450 or more in any calender month .

 

However if the employee is under 18 years of age they must also ( in addition to the $450 requirement) work at least 30 hours per week . This 30 hour requirement is confirmed by both "Australian Tax Office " and " Fairwork Australia"

 

MYOB does not have the 30 hour requirement in the algorithm , and as a consequence my business which employees a large number of junior casual staff has been paying superannuation unnecessarily . (Over $2,500 in the last two years)

 

I run MYOB Accountright Plus with the latest updates

 

MYOB product specialist agrees the 30 hour test is not in their software.

 

This issue can be worked around by "de checking "  superannuation in the card file and reinstating if the employee works 30 hours , but this is not the type of activity that should need to be done.

 

I suggest MYOB correct their software

 

'MYOB AccountRight Plus does not treat Superannuation correctly"

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