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https://help.myob.com/wiki/x/KArFBQ


 

 

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What's changed for 2023–2024

MYOB IMS Payroll applies the following changes from your first pay period with an end date on or after 1 April 2023.

ACC rates and thresholds
DetailOld valueNew value
ACC earner levy rate  
ACC income maximum  
Maximum ACC earner levy  
Student loan thresholds
PeriodNew Value
Annual 
Monthly 
4-weekly 
Fortnightly 
Weekly 
Minimum wage rate increases
RateOld rateNew rate
Adult  
New starter and trainee  

Before processing your first pay of the new year

Before you process your first pays with an Employee Payment Date after 1 April 2022, complete the below procedure. This pay run will be regarded as your first pay run for the 2022-23 tax year: 

  1. Ensure that MYOB IMS Payroll v6.70 has been installed.    
  2. Generate Tax Year End reports and back up your payroll company (see below). 
  3. Update ESCT (Employer Superannuation Contribution Tax) rates (see page 2).
  4. Update Minimum Wage rates (see page 3). 
  5. Open the first pay period for the 2022–23 tax year and reset accumulators (see page 4).

 

 
Related topics

MYOB IMS Payroll Release Notes

 

 

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