STP Finalisation 2023 - Salary Packaging/Sacrifice Deductions not reducing Gross YTD in EOFY finalisation tab

Question

Hi,&nbsp;&nbsp;Can I confirm for 2023 that amounts showing in the 'Gross YTD' column in the 'EOFY finalisation' tab are no longer reduced for Salary Sacrifice before tax deductions. The amounts notated as 'Salary sacrifice - other employee benefits' can be viewed by clicking the three dots for each employee's Summary of&nbsp; Payments so they have been recorded. Am I right to assume that the reduction will be done at the ATO end and that the Gross wages for each respective employee's income statement will be shown correctly in their MyGov account (i.e. net of salary sacrifice)&nbsp;Thanks&nbsp;PJC

terri520 · Answer

Hi PJC&nbsp;I am wondering the same as an employee has come to me stating that their gross income is overstated and are owing tax.&nbsp;Did you get an answer regarding your query?&nbsp;Thanks&nbsp;Terri

doreen_p · Answer

Hi, PJC&nbsp;
&nbsp;
Thanks for your post.
&nbsp;
What you can see on your end is correct. If processed correctly the salary sacrifice amount will show next to Salary sacrifice (RESC). For example, if the employee was paid a total of $87,600 and the salary sacrificed amount is $10,000 then the Gross payments would show $87,600 and the Salary sacrifice (RESC) would show $10,000.&nbsp;Please refer to the screenshot below.
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&nbsp;
Please let me know if you need further assistance with this. We are happy to assist.
&nbsp;
Best regards,
Doreen

gavin12345 · Answer

Hi&nbsp;Doreen_P&nbsp;&nbsp;Perhaps 'if the employee was paid a total of $87,600 and the salary sacrificed amount is $10,000' could be clearer to avoid further confusion. 'Paid' can be interpreted as this was paid to the employee, when in fact it was not.&nbsp;Something like 'if the employee was entitled to a total of $87,600 of which they salary sacrificed $10,000 into super, and were paid $77,600 after the salary sacrifice...'&nbsp;Just a thoughtGavin

princess_r · Answer

Hi gavin12345&nbsp;
&nbsp;
Thank you for sharing your thoughts and detailed information about the salary sacrificed. We really appreciate you taking time to share your ideas. Rest assured that this is noted.&nbsp;
&nbsp;
Cheers,
Princess

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STP Finalisation 2023 - Salary Packaging/Sacrifice Deductions not reducing Gross YTD in EOFY finalisation tab

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