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Tracey222's avatar
Tracey222
Contributing User
8 days ago
Solved

New Supern 1st July

Hi All,   I have 3 people on our payroll and I use MYOB for reporting to ATO but I pay wages manually through our bank account.   I want to do the same with the weekly supern coming in on July 1s...
  • Isaiah_C's avatar
    Isaiah_C
    7 days ago

    Hi Tracey222 ,

     

    Great question, and nice work staying on top of the upcoming super changes, especially with a small team. You don't have to use MYOB to physically pay the super to stay compliant. You can absolutely keep doing what you're doing. Using MYOB for reporting, and paying super separately via your preferred clearing house. A couple of key things to keep in mind:

     

    • You can record super in MYOB payroll so it's tracked and reported correctly.
    • When payday super kicks in, compliance is more about timeliness and correct reporting, not how you make the payment.
    • Using MYOB's super payment feature is optional. It just bundles the payment plus reporting together for convenience.

     

    Regards,

    Sai

Isaiah_C's avatar
Isaiah_C
MYOB Moderator
7 days ago

Hi Tracey222 ,

 

Great question, and nice work staying on top of the upcoming super changes, especially with a small team. You don't have to use MYOB to physically pay the super to stay compliant. You can absolutely keep doing what you're doing. Using MYOB for reporting, and paying super separately via your preferred clearing house. A couple of key things to keep in mind:

 

  • You can record super in MYOB payroll so it's tracked and reported correctly.
  • When payday super kicks in, compliance is more about timeliness and correct reporting, not how you make the payment.
  • Using MYOB's super payment feature is optional. It just bundles the payment plus reporting together for convenience.

 

Regards,

Sai

Tracey222's avatar
Tracey222
Contributing User
7 days ago

Thank you

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