I think the tax laws on salary sacrificing have changed recently. Not sure what the new rules are but I know it needs to be displayed on payment summaries at the end of the financial year now & reported to the ATO.
Don't know about centrelink sorry.
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06-05-2012 10:49 #11
06-05-2012 10:59 #12
i think you are right 2Bboys - the contribution cap has been reduced adn I think that also filtures down to SS.
09-05-2012 22:52 #13
My hubby's salary has a 2.5% super contribution from him ( as well as 9% from company). Im guessing your hubby is the same. So it is them ( volunterring..though compulsory often contributing..only on salary not required on wage). Was very upset end of last year when hubby got bonus $6k and after tax(lots) super took over $500 as it was a %. t seems your hubby on same contribution thingy. His wage is what it is before HIS contribution. So I would give the amount before....sucks as never will see contribution due to bad markets( I was so upset over the bonus as we needed that money).
By 2Bboys in forum General ChatReplies: 1Last Post: 03-12-2012, 18:56
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