Just a reminder that the 2023.01 release for MYOB Exo Employer Services is ready for you to install now. You don't need to wait until the new financial year as the compliance changes won't be activated in the product until 1 July 2023.
The MYOB Release Notes detail the following changes:
- Payslip and STP reporting of family domestic violence leave (FDVL).
- Student loan repayment threshold.
- Employment Termination Payment (ETP) threshold amounts.
- Child Support Protected Earnings Amount (PEA) for child support deductions.
- Compulsory Superannuation Guarantee rate increase from 10.5% to 11% (warning message will appear when creating a pay from 1 July 2023).
- Maximum Earnings Base for super guarantee contributions.
- Western Australia state payroll tax.
