I want to make a super contribution for myself as a sole trader. Do I need to set myself up on the payroll to do this?
Hi ClareL1,
As a sole trader, you don't need to set yourself up on payroll. You're not required to pay yourself super like bosses do for employees. Instead, you’ve got the choice to put money into your super whenever and however it works for you. Here’s an ATO page that breaks down how super works for sole traders, plus this useful guide on the best times and ways to make contributions.
Cheers,
Princess
Self-help & Learning
Level up your skills and find answers across all MYOB products
Help Guides
MYOB Academy