Forum Discussion
Hi Doreen thanks for your reply.
I have spoken with my accountant and the ATO and there should be an option with STP Reporting to split out Salary Sacrifice Super S and Salary Sacrifice Super RESC) as there IS a difference. Not all Salary Sacrifice supers are reportable RESC.
The wording I received from ATO is:
'You report Gross, you report Salary Sacrifice to Super. That is mandatory, not negotiable. Fact.
Now let's talk abour RESC. Typically, sal sac is voluntary but some agreements, as you say yours is, don't give employees that choice, it is mandatory. In that case, the sal sac super is NOT RESC. That is, normally you would report, for example:
- Gross 60,000
- Sal Sac Super 10,000
- RESC 10,000
- Super Liability (70,000 x SG rate)
You won't need the RESC.'
Doreen, Is there any way to put in a request for myob to look into this please and have a change in the ATO reporting categories in MYOB??
Thank-you.
Leah
I don't understand why there is no answer for this and how MYOB can continue to remain non-compliant with mandatory ATO instructions. What Leah (LKJames 17) is requiring is clearly stated on the ATO website and there is a video demonstrating this explicitly. Yet in Myob we are unable to do what is required. The ATO Reporting Category Salary Sacrifice Super S does not exist in MYOB. No-one can provide an answer or workable solution at MyOB either in the Community or MYOB support or MYOB online documents. It's very frustrating. did you find a solution, Leah?