Top up amount in JOBKEEPER payment, doest not calculate super?
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cyna
Member Posts: 7 ✭
Followed guide, I topped up $750 for an employee, but the Reckon shows no Super amount, as "not reached the $450 threshold". But I need to pay employee super. How to fix this?
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Comments
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Hi Cyna,
Extract from ATO website -
"Superannuation guarantee - New rules are being introduced by the government with the intention to not require super guarantee to be paid on additional payments that are made to employees as a result of JobKeeper payments. We will update this information once legislation or regulations are in place."
The jobkeeper portion of the payment is not subject to super.0 -
If they are working some hours you should record that as a normal wage (say $300) and then the top up is the additional amount over and above the $300. Say $450 if paid weekly or $1200 if paid fortnightly. No SG is required to be paid on the top up, but obviously you can do so if you wish0
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This is correct. Any worked hours are not top up hours and are salaries/wages and applicable to Super. Any top up amount does not have to have super paid on it based on the above from the ATO site.0
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