Removal of the $450 earnings threshold for super

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Hi Everyone,

From 1 July 2022, the Australian Government has removed the $450 per month threshold for super guarantee eligibility (that's the amount an employee can earn in a calendar month before you have to pay them super). This means superannuation must be paid on all ordinary times earnings for pays dated 1 July 2022 or later.

There is nothing you will need to do in your MYOB software to comply with these changes, this will be automatically removed by your MYOB software from July 1st, 2022.

Learn about this change: AccountRight | MYOB Business/Essentials

Kind regards,
Sam

MYOB Community Support

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