How do I set up Salary Sacrifice for Not for Profit
Hello
I need to have this explained to me in very simple terms please. I need to set up all my staff for salary sacrifice for a not for profi organisation in Australia. Can someone help please?
thank you
Hi AwG1
Thank you for your post. I'd like to extend you a warm welcome to the Community Forum. I hope you find it a valuable resource.
Generally, you can set up salary sacrifice by going to payroll > pay item > superannuation tab and creating a super pay item. This Help Article, Setting up Salary Sacrifice Superannuation, has detailed information to assist with this.
However, since this is for a NFP organization, it would be best to speak with the ATO regarding the reporting category you'll need to assign it to.
Please feel free to post again , I'm happy to assist.
Cheers,
Princess