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Ballistix's avatar
Ballistix
Experienced Cover User
4 years ago
Solved

PAYG on Super Salary Sacrifice

Hi everyone,   I have a staff member who wants to salary sacrifice $7000.00 towards his Super.  I have entered the amount against the Salary Sacrifice category, however it is now calculating PAYG f...
  • KylieD's avatar
    KylieD
    4 years ago

     

    Salary Sacrifice does not attract tax up to a certain amount.

     

    Are you trying to pay that $7000k in a lump sum to them? have they paid salary sacrifice before this, pushing them over the threshold???

KylieD's avatar
KylieD
Trusted Cover User
4 years ago

 

Salary Sacrifice does not attract tax up to a certain amount.

 

Are you trying to pay that $7000k in a lump sum to them? have they paid salary sacrifice before this, pushing them over the threshold???

  • Ballistix's avatar
    Ballistix
    Experienced Cover User
    4 years ago

    Hi KylieD 

     

    Thanks for your reply.  That is what I thought. No I am paying it all straight to the super clearing house however it was as a result of a withholding variation on his taxes.

     

    All sorted now thanks for your reply.

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