Super Co-Contributions Tax2017

snetims
1 Post
Cover User
snetims
Cover User

1Posts

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Super Co-Contributions Tax2017

Hi,

 

Im having an issue with the calcuations when adding a super co-contribution to a 2017 tax return. Under Item A3, when clicking on 'Quick access to Government co-contributions what if?', the total amount of wages is automatically being enetered into business income- there isnt any business income and I have checked that I havent accidently entered anything into a business income item. What is strange is the business income that is being displayed is exactly the same as the income from wages. As a result, its pushing this individual out of the income bracket for co-contributions. Am I doing something wrong? Or is the tax return not calculating the information correctly? 

 

Any help would be greatly appreciated thank you Smiley Happy 

1 REPLY
MYOB Moderator MattN
643 Posts
MYOB Moderator
Australia
MattN
MYOB Moderator

643Posts

74Kudos

81Solutions

Re: Super Co-Contributions Tax2017

Hi @snetims

 

Thanks for your post, and welcome to the MYOB Community Forum - we hope you find it a great resource.

 

As there are many items that can affect the way a Super Co-Contribution (and many other components of a tax return) are calculated, please give our support team a call on 1300 555 666 - they will be able to provide some guidance - and we may require a copy of the return, so that we can check the calculations etc correctly.

 


cheers,

Matt
Practice Solutions Product Specialist
MYOB Australia Pty Ltd
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