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PetCity's avatar
PetCity
Contributing User
3 years ago

Superannuation for staff under 18 years from July 2022

We have staff under 18 years that will still be subject to the superannuation $450 / month threshold after 1.7.22.

Is there a way to have a 2nd Super Guarantee category set up just for them, that can still have the $450 threshold applied from July onwards?

I need all of the contributions to show on monthly (accrual by fund summary) reports too.

What is the best way to set it up so the super amounts are calculated correctly for all junior & senior staff and that does not have to manually worked out?

Thanks

 

junior
super
superannuation
under18

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  • Sam_R's avatar
    Sam_R
    Former Staff
    3 years ago

    Hi PetCity,

     

    Thank you for your post and Welcome to the Community Forum!

     

    Yes, you can set up a separate superannuation guarantee category to be allocated to selected employees, this will also be included in your Accrual by fund summary automatically once set-up. 

     

    I will leave a help article below that will guide you through the process of setting up the category and calculations:

     

    Let me know how you go and if you require further assistance.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.