Superannuation monthly spend limit

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Regplum
Contributing User
14 Posts
Contributing User
Contributing User

14Posts

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Superannuation monthly spend limit

I pay our company superannuation monthly, a couple of years ago I tried to pay 2 monthly superannuation payments within the one month and I was stopped with an error report saying that I would go over the monthly spend limit for super.

 

With the financial year coming up I have been asked to make a couple of salary sacrifice payments to directors. I have tried to find and increase this limit but can't find it.

 

Firstly does this still apply and if so how do I do about increasing this limit asap, thank you.

1 REPLY 1
PriyaSelvaraj
MYOB Moderator
311 Posts
MYOB Moderator
MYOB Moderator

311Posts

50Kudos

16Solutions

Re: Superannuation monthly spend limit

Hi @Regplum ,

Thanks for your post

At this stage super payment limit increases have a threshold of $15000 when done online, anything beyond that need to be actioned via pay super change of details form.

Refer to the below help article which will step you through on the process and  the form can be downloaded Changing your Pay Super payment details - MYOB AccountRight - MYOB Help Centre

Hope this helps

Cheers

Priya Selvaraj


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