How do I eliminate tax being paid on Super?
It has been brought to my attention that my Reckon system is including the Super amount in the TaX PAYABLE sector. For examply, the Pay slip will stipulate that the total pay (gross) is $1316.62 while the TAXABLE pay is $1454.87. The difference is the exact Super amount.
I have been through the entire system and set up of Employees, taxes, and Super accounts and cannot for the life of me work out how to change this. This has been happening for 2 of our employess.
We have 2 other employees whose pay slips are correct ie total pay and taxable pay and the same.
Can someone please guide me where to look to correct his?
I
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You need to alter the item to exclude it from PAYG. The standard SGC is set up this why by default. Did you set up a new super item? Did you alter the default?
Call me if you get stuck
Zappy 0407 744 914
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If you look at the details of the pay item for Super, is PAYG tax ticked in the taxes tab?
and are you using the same super item for all employees?
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That was it! something so simple and so damning! Thank you.
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As discussed Lyn the default is the other way. Someone has altered this.
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Glad you got it sorted
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