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Superannuation Guarantee above minimum SG

MFreer_FC

Hi All,

We pay SG at 1% above the min and have a created a card (see below). My question is, when the increase happens on 1/7/23, can I just change the percentage in this card or will I need to create a new one?

Thanks in advance.

MFreer_FC

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Accepted answers

Earl_HD

Hi @MFreer_FC

Thank you so much for your post. No need to create one, if you will have the superannuation guarantee at 10.5% you'll need to change the percentage and edit the payroll category name.

Feel free to send me a private message if you have questions.
Regards,
Earl

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MFreer_FC

Hi @Earl_HD

Thank you for your reply.

And this change will not impact past payslip?

Also, does that also mean that if we change an afternoon penalty loading I can do the same, just change the category and multiplier without creating a new payroll category?

Thanks

MFreer_FC

Earl_HD