Payroll Items > Superannuation and PAYG Tax
MM_7769277
Member Posts: 114 Novice Member
Hi everyone,
Suddenly experiencing a moment of doubt.
When setting up a new payroll category for SUPERANNUATION, should either of the following be ticked??
Suddenly experiencing a moment of doubt.
When setting up a new payroll category for SUPERANNUATION, should either of the following be ticked??
0
Comments
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If this is just a standard sg super payment then no, you don't have to tick these.
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Hi MM. You haven't stated what type of Superannuation payment this is - there are three different types:
1. If SGC, then no tick for PAYG
2. If Superannuation deduction, then no ticks
3. If Salary Sacrifice, then definitely there is a tick against PAYG Tax because you want this negative payroll item to reduce the amount of tax payable by the individual.
4. I do not know the answer in respect of State Payroll Tax as I have no experience with that. Most certainly though, it will not apply in the case of a Superannuation deduction.
John L G0 -
Thanks everybody! I should have clarified that it was simply for SGC. You have both answered my question. :-)0
This discussion has been closed.
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