We have just recently sold our business and are wanting to place a portion of the sale into our Super? Would like clarification on how to do, think I know but am doubting myself.
Thanks Teena.
Maybe a bonus to you and a salary sacrifice, not 100% on this, but this is what we have been told to do with bulk payments
Hi teenamyler1
This would be something that I would be speaking to the accountant/your accounting advisor about as it would be outside of the scope of MYOB support. We would be able to assist with entering the transaction with your company file if any are required i.e. once you know what accounts, tax codes, and amounts involved in the transaction.
However, if you are sure you would like to process a one off superpayment this help article could be of use: Additional superannuation contributions.
