Forum Discussion

MT1982's avatar
MT1982
Experienced User
4 years ago

Super Guarantee increase from 1/7/21

Hi, I assumed that the increase in the Super Guarantee from 9.5% to 10% would be updated automatically by MYOB.  But I am looking at my Super Guarantee Payroll Category and it is still saying 9.5%. a...
  • Yanike_S's avatar
    Yanike_S
    4 years ago

    Hi MT1982 

     

    The superannuation rate increase does need to be updated by the user. This doesn't occur automatically within the software. Users could have different percentages set for paying super, so this is not something we would change from our end. Do check out the forum article Super guarantee rate increase 1 July 2021 for information on updating that rate.

Yanike_S's avatar
Yanike_S
MYOB Staff

Hi MT1982 

 

The superannuation rate increase does need to be updated by the user. This doesn't occur automatically within the software. Users could have different percentages set for paying super, so this is not something we would change from our end. Do check out the forum article Super guarantee rate increase 1 July 2021 for information on updating that rate.

MT1982's avatar
MT1982
Experienced User
4 years ago

Thanks for your response and for clearing that up for me.  I have updated our rate. 

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