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Australia only

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 you need to pay super guarantee contributions on all ordinary time earnings for pays dated 1 July 2022 or later.

Learn more about the threshold removal on the ATO website.

This threshold is set in your super guarantee pay item (Payroll > Pay items > Superannuation tab > Superannuation Guarantee > Threshold $).

What do I need to do?

From 1 July 2022, you'll need to contribute super for all your eligible employees, no matter how much they earn. Employees must still satisfy other super guarantee eligibility requirements.

There's nothing you need to do in MYOB to cater for the threshold removal. The right amount of super will be calculated each pay based on the Date of payment.

Do you employ under 18s? If they work 30 hours or less in a week you don't need to pay them super for that week. Learn more about paying super for employees aged under 18.

If the Date of payment is:

  • 30 June 2022 or earlier, the $450 minimum earnings threshold will apply
  • 1 July 2022 or later, the threshold will not apply and super will calculate on the pay regardless of how much the employee has earned that month (subject to any wage payments that are exempt from super). This means any value in the Threshold field in the super guarantee pay item will be ignored for pays dated 1 July 2022 onwards.
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This only applies to the mandatory superannuation guarantee contributions. If you have other superannuation contributions set up for your employees, these won't be affected by this change.
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<h2><i class="fa fa-comments"></i>&nbsp;&nbsp;FAQs</h2><br>
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titleWhat if a pay period spans June and July?

What if a pay period spans June and July?

It depends on the Date of payment you specify in the pay run.

If the Date of payment is:

  • 30 June 2022 or earlier, the $450 minimum earnings threshold will apply
  • 1 July 2022 or later, the threshold will not apply and super will calculate on the pay regardless of how much the employee has earned that month (subject to any wage payments that are exempt from super). Any value in this field from 1 July 2022 will not be applied to pays dated 1 July 2022 onwards.
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titleWhat if I change the threshold amount?

What if I change the threshold amount?

Any value in the Threshold field of the superannuation guarantee pay item will only be used for pays dated 30 June 2022 or earlier. For pays dated 1 July 2022 or later, this field will be ignored.

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titleRelated topics
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Superannuation

Checking and adjusting superannuation

Paying super for employees aged under 18

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