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July 28, 2021
Question

Remove the $ 450 Super guarantee threshold

  • July 28, 2021
  • 1 reply
  • 0 views
How can I remove the $ 450 super guarantee threshold in keypay

1 reply

July 29, 2021

Hi user61692, 


I'm glad to assist you. 

Any employee who is over 18 and their earnings are greater than $450 in a month, they are eligible for super as they have reached the minimum super threshold. Once the employee's earnings reach the minimum super threshold amount of $450, the super value is calculated off the ordinary time earnings amount. Being said, the $450 super guarantee is a fix amount and cannot be removed. To know more on How is the minimum Super Threshold amount calculated, please click here.

 

Hope this answers your question. Thanks for dropping by the Community.