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June 2021 Update

Superannuation Guarantee
Increasing to 10% from 1 July 2021

As many of you would be aware, the compulsory Superannuation Guarantee Contributions (SGC) will increase from 9.5% (current rate) to 10.0% from 1 July 2021.

Each financial year, the superannuation guarantee rate will gradually be increasing to a rate of 12% by 2025. For more information, visit the following page: 

https://www.ato.gov.au/rates/key-superannuation-rates-and-thresholds/?anchor=Superguaranteepercentage

How this change will work in Xero

If you have set your employees super lines to 'SG Contribution' then Xero will automatically take care of this percentage increase for you.

To check:

  1. Blue Payroll menu > Employees
  2. Select a particular employee
  3. Click on the Pay Template tab
  4. Have a look at the Superannuation line/s
    You should see something like the highlighted below. The most important field is the far right field saying 'Statutory Rate' which means Xero will take care of the change. 
If you do not see a 'Statutory Rate' percentage line in any employee's Pay Template, you will need to make the change. Click here for the Xero Central help page on this process.

Xero Price Increase 
Effective from the October 2021 Invoice

From 23rd September 2021, the price of most Xero plans will be increasing. The price change is part of Xero's plan to continually invest in products that support small business and help create a better experience for you. 

The changes are as follows:
  • Standard by $2 per month
  • Premium 5 by $3 per month
  • Premium 10 by $3 per month
  • Premium 20 by $8 per month
  • Premium 50 by $10 per month
  • Premium 100 by $11 per month
If you are on a Starter or Payroll Only plan, there will be no pricing changes. 

Your new monthly price will take effect in your October 2021 invoice. 

Faith Filled Prayer Journals


By special request, we have 1,000 more journals available for purchase @ $5 each (free postage for group orders). 

Great for recording your journey and answers during 21 Days of Prayer for Revival, or a special event in the life of your church.

Please contact Baplink on 1800 650 062 or baplink@baplink.org.au if you wish to order for your church.

Don't forget to use Xero Central!

Did you know that Xero has a great online help forum? 
 
Xero Central is the official Xero support, there are countless easy to search for articles on almost every aspect of Xero. 

Xero Central is a great first port of call when you run into issues with Xero. 
Simply click on the link below and add it to your bookmarks/favourites today.
Click here for Xero Central
Copyright © 2021 Queensland Baptists, All rights reserved.


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