Superannuation for Contractors - now applicable for anyone providing labour only - $450pm threshold removed

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Rose999
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Superannuation for Contractors - now applicable for anyone providing labour only - $450pm threshold removed

Please advise if MYOB has or is developing a system of adding on the 10.5% super component to contractors invoices using labour only through the purchases module.  Or is the work around at the moment where we set up an employee card for the contractor and process  just the super component in the super payment area as shown in your answer in the attached file in 2015?

 

 

 

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Tracey_H
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Re: Superannuation for Contractors - now applicable for anyone providing labour only - $450pm threshold removed

Hi @Rose999 

 

Sorry to see that no one has replied to you yet. In order for super contributions to be reported through STP and be included in Pay super payments they do need to be processed through payroll. As such you would need to follow those steps provided by Steven.

 

Please let me know if you need further help.

 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

Cheers,
Tracey
Previously @bungy15

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