Forum Discussion

KylieD's avatar
KylieD
Trusted Cover User
2 years ago

Salary Sacrifice

Hi Everyone   So I have found that salary sacrifice is now added to gross wages in the end of financial report - this is new for Phase 2.   We are a non for profit organisation and salary sacrifi...
KylieD's avatar
KylieD
Trusted Cover User
2 years ago

Thanks Hannah_V 

 

I am still wondering if I have to gross up the salary sacrifice and put it in the 57A section for each employee.

I am assuming I do otherwise it would not be an option on the end of year financial report.

 

was just unsure if i put the gross up figure of the actual figure they got.

Hannah_V's avatar
Hannah_V
Former Staff
2 years ago

You're welcome, KylieD.

 

To know more about salary sacrifice, you may check this Help Article: Salary sacrificing

Please let me know if this works for you. Thank you. 

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.