Salary sacrifice in STP Phase 2
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This discussion was created from comments split from: 🚨 IMPORTANT info for Reckon Accounts 2023 Desktop - Bug Fixes ✅.
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I hope ok to post this question here... No 1 does not make sense - Salary Sacrifice from Super to Super ?? Can you please clarify for me. Cheerz, Amber
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Hi Amber
I think it’s just the way it’s been grammatically worded.
Salary Sacrifice (SS) is where an employee sacrifices part of their gross earnings elsewhere or for an alternate benefit, in order to reduce their PAYG tax.
There are 2 types of SS options in RA … the 1st option refers to sacrificing to Super & the other is for anything else (eg Car, Phone, Laptop, School Fees, Mortgage etc) ☺️
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@Shaz Thanks so much! It should say 'to' super or 'for' benefits.
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