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MYOB Payroll 2024.1 - March 2024

MYOB Payroll 2024.1 updates the ACC earner levy rate and student loan thresholds for the 2024 to 2025 financial year.

Installing your upgrade

Before upgrading, we recommend you back up your data file to an external drive, and close any open programs.

You may need to be logged into Windows as an administrator to install the upgrade.

Download and install the upgrade
  1. Download the MYOB Payroll v2024.1 Full Installer.

  2. Double-click the install file.
    The installer opens.

  3. Follow the on-screen instructions to complete the installation.

  4. When the installation is complete, restart your computer.

Check your software is up to date
  1.  Start MYOB Payroll.

  2. Press Ctrl+R to open the Payroll Version window.

  3. Check that the version number is 2024.1.

If the version number has not updated, see our troubleshooting tips below.

Upgrade troubleshooting

Try these steps if you there any errors when installing the upgrade.

  • Try disabling your antivirus software until the installation is complete.

  • Check that there are no yellow exclamation marks in the Windows Device Manager (right click My Computer and go to the Properties > Hardware tab). Resolve any conflicts and try installing again.

  • Make sure your Windows font size is set to Normal (right click the Windows desktop and go to the Properties > Appearance tab).

  • If an error appears that relates to installing *.OCX files, click OK and start the installation again.

If you still cannot install the upgrade, try searching the MYOB Payroll (New Zealand) Support Notes or see our website.

What's new?

ACC earner levy changes

We've updated the ACC earner levy rates and thresholds for the 2023-24 financial year.

 

New value for 2024-25

2023-24

Rate

1.6%

1.53%

Maximum ACC earner levy

$2,276.52

$2,132.57

Max. liable earnings threshold
(self-employed people only)

$142,283

$139,384

Student loan threshold changes

We've updated the student loan thresholds for the 2023-24 financial year.

 Frequency

2024-25 threshold

Annual

$24,128

Monthly

$2,010.67

Half-monthly

$1,005.33

4-weekly

$1,856

Fortnightly

$928

Weekly

$464

 

 

 

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