Super Increase 1 July 2021

amandaskinner
amandaskinner Member Posts: 2 Novice Member Novice Member
in Accounts Hosted

Will Reckon Hosted be automatically updating super to 10% from 1 July?


Thanks,

Comments

  • Rav
    Rav Administrator, Reckon Staff Posts: 14,387 Reckon Community Manager Community Manager

    Hi @amandaskinner

    The 2021 release of Reckon Accounts Hosted which is due for release next week will carry the updated 10% super rate change from 1 July onward.

  • Jocelyn
    Jocelyn Member Posts: 43 Reckoner Reckoner

    So will this update change all the super funds that are used? or do I need to go through all the funds and change the percentage ? I have 30 different funds we use for our employees?

  • Acctd4
    Acctd4 Accredited Partner Posts: 4,308 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    @Jocelyn It will automatically update the rate from 9.5% > 10% on all Pays dated from 1st July onwards 😁

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