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No Compulsory Employer Contribution to Kiwisaver

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Contributing Cover User Jongfa
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Jongfa
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No Compulsory Employer Contribution to Kiwisaver

there is an employer who turned 65 and been a kiwisaver member for more than 5 years and he wishes to keep making kiwisaver employee contribution. in this case Kiwaver Employer Contribution is not compulsory but in Essential Payroll it wouldn't let me change the KSR rate to 0%. it says legal minimum is 3%.

please adivse how to fix this problem.

 

Thanks

4 REPLIES 4
Ultimate Partner jenniek
2,399 Posts
Ultimate Partner
New Zealand
jenniek
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Re: No Compulsory Employer Contribution to Kiwisaver

hi @Jongfa

Do you have the employees birthdate loaded?

Regards,
Jennie Kingma
JK Business Systems Ltd, Hamilton, NZ
Email: jennie@jkbusiness.co.nz
JaneC73
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New Zealand
JaneC73

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Re: No Compulsory Employer Contribution to Kiwisaver - can't change rate in Essentials

I have the same issue - the employee's birthdate is entered but it won't let me put 0% as the Employer Contribution - how do I cease Employer contributions?

Ultimate Partner Geoff_
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Australia
Geoff_
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Re: No Compulsory Employer Contribution to Kiwisaver - can't change rate in Essentials

Hi @JaneC73

If it were me I would just go into the Employee's Card click on Payroll Details - then Superannuation and change the % to Nil.

 

I was able to do this on my Example File.

 

However if I were not able to do this I would create a new employee card and carry over the details from the old one and then make the first card Inactive

 

I hope this helps. Failing this then take a hammer to your computerSmiley LOL

 

 

 

Geoff
Busselton Bookkeeping Service
MYOB Bookkeeping Partner, BAS Service Provider
Phone 08 9754 7680
JaneC73
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New Zealand
JaneC73

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Re: No Compulsory Employer Contribution to Kiwisaver - can't change rate in Essentials

Hi Geoff

 

I will try that - (not sure if it will work for NZ Kiwisaver) but I have now found an archived post that suggested this is a built in issue with MYOB Essentials that has been raised since 2016 and it is still not fixed!  

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