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MYOB Essentials - KiwiSaver Employee Contribution Rate

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Trusted Partner Jacqui_M
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New Zealand
Jacqui_M
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MYOB Essentials - KiwiSaver Employee Contribution Rate

We have just converted a client's payroll from NZ Payroll to Essentials Payroll.  One of their employees was contributing 6% to KiwiSaver.  Essentials only allows contribution rates of 3%, 4% and 8%.  Why can we not override that to match what he was paying in NZ Payroll.

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MYOB Moderator Steven_M
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New Zealand
Steven_M
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Re: MYOB Essentials - KiwiSaver Employee Contribution Rate

Hi @Jacqui_M

 

MYOB Essentials is designed to be a simple easy to use payroll system and thus follows the standard KiwiSaver percentages (3%,4% & 8%). As such it doesn't allow for a non-standardised agreed upon rate i.e. 6%.

 

You can enter a KiwiSaver rate for your employees in the KiwiSaver section of their Employee record.

Kind regards,
Steven

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