Forum Discussion

ChrisyJones's avatar
ChrisyJones
Trusted Cover User
6 years ago

Employee Addition Super

I have an employee who make Additional Super payments on his gross earning which should reduce his tax.  It worked well until i upgraded to STP and now no matter what i try i cant get the system to r...
  • GDay53's avatar
    GDay53
    6 years ago

    ChrisyJones

     

    Welcome to the MYOB Community Forum, I hope you find plenty of useful information.

     

    If a employee wishs to reduce their PAYG then any additional Super they pay is a Salary Sacrifice not Employee Additional. And it should be treated as a R.E.S.C. for STP.

    The Employee Additional has always been used for after tax amounts so it is Not Reportable in the STP.

     

ChrisyJones's avatar
ChrisyJones
Trusted Cover User

Hi Graeme,

 

So to clarify, i now cant use Employee Additional Super as i had been.  Now with STP i need to set the employee up as Salary Sacrafice only and this will allow me to choose a ATO Reporting Catagory and will show on my reports for reporting super, is this right?

 

Thanks Chrisy

GDay53's avatar
GDay53
Ultimate Cover User
6 years ago

ChrisyJones

 

Welcome to the MYOB Community Forum, I hope you find plenty of useful information.

 

If a employee wishs to reduce their PAYG then any additional Super they pay is a Salary Sacrifice not Employee Additional. And it should be treated as a R.E.S.C. for STP.

The Employee Additional has always been used for after tax amounts so it is Not Reportable in the STP.

 

  • ChrisyJones's avatar
    ChrisyJones
    Trusted Cover User
    6 years ago

    Thanks Graeme,

     

    After many calls and hair pulling you have solved my issue, i really appreciate it.

     

    Cheers 

    Chrisy

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