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Andy_9860584
Member Posts: 45 Reckoner
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Thanks John so do i just enter the $300 as a bonus to employees0
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I believe you would enter as a Bonus or maybe a Stand Down topup or call it what you like - but this payment will require super on it and also tax to be deducted.. and it will go to Gross wages - not an allowance..0
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I agree with John its always good to check with your accountant - A bonus payment as you are suggesting to use will have super as its related to their performance in the past and you wanting to reward them for being good employees - so probably the answer is yes, super is payable...given that the extra super is $28.50 per week and you are happy to pay them an extra $300 pw - you could err on the side of caution and pay it?1
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Thank you all for your help with this.0
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