Forum Discussion

TomD's avatar
TomD
Trusted Cover User
2 years ago

EOFY Super Payment

I am getting organised for the EOFY processes and notice the following advice in the helpful guides:  To include super contributions in the 2023/2024 financial year, make your super payments by 4pm (AEST) 19 June 2024.

 

How do I know the appropriate super figures by the 19th June when there is still payroll to be processed subsequent to that date?  Some staff are casual and I would not be able to even guess this?

Desktop

1 Reply

  • gavin12345's avatar
    gavin12345
    Ultimate User
    2 years ago

    Hi TomD,

     

    Any super payment made after 19 June 2024 via MYOB's super system may not be processed in time to claim a deduction this financial year. Any payments made after that date will need to be claimed for tax purposes in the next FY - discuss this with your accountant if in doubt.

     

    Regards

    Gavin

    gavinw222@gmail.com

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.