What’s the Update?
With effect from Friday, July 01, 2022, at 12:00 AM AEST, as per the guidelines provided by ATO:
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How does this affect me?
1. Superannuation Guarantee Percentage: The system calculates the member's superannuation at the time of "Generate Payslip" stage that is before the payroll finalization. That means any payroll run processing on or after 1st July will calculate super % as per 10.50%. Please refer to the below cases to understand the impact of a change onto your business:
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In case if you need any further information or would like us to stop the changeover of the above-mentioned changes into your database then please contact us before 30th June 22 3:00 PM AEST.
Affected Services
The Entire Recruit Services will not be affected.
Feedback/ Suggestion
If you have additional questions/ feedback, please contact our support team at b>support@entiresoftware.com</b>.
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