MYOB

MYOB starts from $12/mo (up to 4 emp) and includes payroll for up to 4 employees at that entry price. Beyond the included employees, an additional $2/emp/mo applies for each extra staff member. This makes MYOB a cost-effective choice for very small teams, with a clear and predictable per-head cost as headcount grows.

Yes. MYOB is fully STP Phase 2 compliant across its current product range. STP Phase 1 was switched off in February 2025, and MYOB guides businesses through the transition. MYOB also supports the Payday Super changes effective 1 July 2026, which require super contributions to clear on payday rather than quarterly. Its integrated SuperStream clearing house allows contributions to multiple funds in a single transaction from within the pay run.

MYOB has long-standing Australian compliance depth and supports Modern Award calculations natively, including penalty rates, overtime, and loading rules. For award-heavy industries such as hospitality, retail, and construction, MYOB is one of the strongest locally built options. Its compliance rules are maintained and updated in line with Fair Work Annual Wage Reviews, which helps reduce the risk of underpayment exposure.

MYOB and Xero are the two dominant accounting-and-payroll platforms for Australian SMBs. MYOB is generally rated higher on Modern Award interpretation and has a longer AU-specific compliance history. Xero has a larger accountant network and a broader third-party app ecosystem. MYOB charges a per-employee fee after the first four included employees, while Xero bundles payroll within plan limits. The best choice often depends on the complexity of your award obligations and which platform your accountant prefers.

MYOB suits Australian businesses of all sizes that want deep local compliance built in. It is particularly well suited to industries with complex award structures and to businesses that also need strong inventory management on higher-tier plans. Its decades-long presence in the Australian market means a large pool of MYOB-trained bookkeepers and accountants.

Yes. MYOB includes an employee self-service portal where staff can view payslips, submit leave requests, and update personal details without needing to contact the payroll administrator. This reduces administrative workload for small business owners and reduces the number of routine payroll queries.

MYOB bundles payroll within its accounting plans rather than offering a standalone payroll-only product. This means you get integrated accounting, BAS lodgement, and payroll in one subscription, which is convenient for most small businesses. If you specifically want a payroll-only solution, dedicated platforms such as KeyPay may be more cost-effective for that narrow use case.