After Tax Superannuation Contribution
Sep 23, 2024
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🎯 The reporting of payments for After Tax Superannuation Contribution has not changed per the Australian Taxation Office Single Touch Payroll Phase 1 guidance. After Tax Superannuation Contribution continues to be non-reportable.
🎯 If you are unsure if this Pay Type applies to your circumstances, please refer to the Payee's Employment Contract or obtain advice from either the Australian Taxation Office or Fair Work Ombudsman.
After Tax Superannuation Contribution is applicable when the Payee requests to forego part (either percentage or dollar value) or all of their net pay which is contributed by the Payer into their Superannuation Fund at the end of the reporting period.
After Tax Superannuation Contribution uses the $ (or % of Rate Per Hour) set within the Deduction and Leave Entitlements are not applicable. Payments with this pay type are not considered to be W1 (Total of Salary, Wages & other payments), Taxable or Ordinary Time Earnings (OTE).
