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Payroll: Allow superannuation under threshold

Cover User

2Posts

9Kudos

0Solutions

2 Posts
Cover User
Australia

For those that want to pay their staff super regardless of the monthly earning or who pay above the $450 in the month but not the first week of pay there should be an option to calculate the super on all payments not only on payments of $450 or more in a calendar month.

 

"Super Payments on amounts below $450

Current Status: Done
Last Changed: July 2022

Hi Everyone


From 1st July 2022, the Australian Government has removed the $450 per month threshold for super guarantee eligibility.

 

For more information on how to deal with this situation in MYOB Business check out Help Article: Removal of the $450 earnings threshold for super

11 Comments
Steven_M
45,180 Posts
Former Staff

Hi Everyone


From 1st July 2022, the Australian Government has removed the $450 per month threshold for super guarantee eligibility.

 

For more information on how to deal with this situation in MYOB Business check out Help Article: Removal of the $450 earnings threshold for super