Nicole_17
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Joined 4 years ago
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Maximum Contributions Base for SG
Is there a way in MYOB so that as part of the SG calculations MYOB reviews if the Maximum Contributions Base for SG is reached and then stops calculating SG on further wages. Its my understanding SG has to be calculated on all wages until the cap is reached (so I cant just split each pay amongst two codes so that the quarterly figure will be correct). At the moment it involves checking the quarterly wages reports then adjusting payroll run after the cap is reaches so that SG isnt calculated but this is a step that could easily be missed. I would think there should be a tick box that woudl allow for this but I cannot see one.