Forum Discussion

Zoya's avatar
Zoya
Experienced Cover User
2 years ago

Do I need to Manually adjust super Rates to 11% from 1st July 2023?

Hi help team, Just need help with New rates for super guarentee from July.  with STP2, do I need to manually adjust super guarantee rates to 11% or MYBY Sysment with Automaticlly adjust from July i...
  • Earl_HD's avatar
    Earl_HD
    2 years ago

    Hi Zoya adn NikkiParsons 

    Thank you so much for your post.  you won’t need to manually update your super rate with each increase. MYOB will automatically adjust to the current legal requirement, ensuring you always meet your obligations. 

    This help article will give you more information about: Staying compliant with super guarantee rate increases

    Regards,
    Earl  

Earl_HD's avatar
Earl_HD
MYOB Moderator

Hi Zoya adn NikkiParsons 

Thank you so much for your post.  you won’t need to manually update your super rate with each increase. MYOB will automatically adjust to the current legal requirement, ensuring you always meet your obligations. 

This help article will give you more information about: Staying compliant with super guarantee rate increases

Regards,
Earl  

Zoya's avatar
Zoya
Experienced Cover User
2 years ago

Thank you so much

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