Moonee24
2 months agoUser
Salary Sacrfice - Overpayment
We have had an issue where a couple of employees have been overpaid the annual amount for the FBT year and are looking to amend this, we though processing a pay with a positive Salary Sacrifice amount for the amount over the limit (so that the annual amount is then within the correct threshold) then processing this amount as their normal pay in March.
This would leave the only difference being the PAYG on the pays, which the Employee would have to physically pay back to the business?
Is this a suitable solution or is there a better way to go about this?