Forum Discussion

Carissa_B's avatar
Carissa_B
Experienced Cover User
5 months ago

Super cut off date

Has the cut off date for processing super via MYOB super to ensure they reach the super funds by 30 June 2024 been set yet?  If so please advise?

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator

    Hi Carissa_B,

     

    Yes, I already have here the information regarding the cut off date when processing super. You can check the link here to see the detailed cut off dates. In addition, super payments usually takes around five business days for superannuation payments to be authorised, processed and received by super funds. However, delays can occur, so we recommend allowing up to 10 business days for your payment to process. Don't hesitate to drop us a post again if there's anything you need assistance with.

     

    Best regards,

    Doreen

    • Carissa_B's avatar
      Carissa_B
      Experienced Cover User

      Hi Doreen

       

      What I am after is the specific date that MYOB release each year at end of financial year for those employers who want to claim a tax deduction in the current financial year for the June 2024 quarter/moth super.  There is a specific date that MYOB states super contributions have to be processed through MYOB pay super by to ensure they reach the employees funds by the 30 June 2024.  Last year I think it was  by 4pm on 21 June.  Can you please advise what the cut off date is for this financial year so we can let out clients know.