Question
I have a question about reportable employer super contribution of PAYG payment Simon assessable income: Base gross salary of $140,00 12% employer sponsored superannuation annual
I have a question about reportable employer super contribution of PAYG payment
Simon assessable income:
- Base gross salary of $140,00
- 12% employer sponsored superannuation
- annual performance bonus of $10,000
Calculate reportable employer super contribution
My answer is (140,000*2.5%)+10,000 = 13,500
My friend answer is (140,000 + 10,000) * 2.5% = $3,750
Which one is correct?
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Business Law
Authors: Henry Cheeseman
10th Edition
0134728785, 978-0134728780
