From July 1 2022, there is a major change to payroll superannuation obligations with the removal of the $450 superannuation threshold.
To check your current superannuation threshold settings in MYOB, see the steps below.
1. Once in the command centre, click Payroll
2. Click Payroll Categories
3. Choose the Superannuation tab
4. Open Superannuation Guarantee
5. At the bottom of the box, you will see the Threshold.
Please seek our guidance on how the change will affect your business, contact us or email afs@afsbendigo.com.au.