What's Reportable Superannuation Contributions?

Reportable employer superannuation contributions are employer superannuation contributions that could have been received by the employee as income. ... A common example is contributions made on the employee's behalf by an employer under a salary sacrifice arrangement.

What is reportable superannuation contributions?

A reportable super contribution is an extra superannuation payment requested by an employee and made by an employer, over and above the normal 10% super guarantee (SG) contribution.

What is a reportable superannuation contribution ATO?

The following employer super contributions are reportable: additional contributions as part of an employee's individual salary package. additional contributions under a salary sacrifice arrangement. pre-tax amounts paid to an employee's super fund at the employee's direction, such as directing an annual bonus into ...

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.