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  • Completing payment summaries

    When issuing your employees with their annual payment summaries, you must include any reportable employer super contributions at the label Reportable employer superannuation contributions.

    Reportable employer super contributions are reported for the income year (1 July to 30 June) that the contributions relate to, which could be different to the year in which they are actually received by the super fund.

    Don't include super guarantee amounts or other compulsory contributions on payment summaries.

    Super contributions to a complying super fund – whether or not they're reportable employer super contributions – are not fringe benefits and are not included on your employee's income statement or payment summary as reportable fringe benefit amounts.

    If you make reportable employer super contributions to an employee, you must provide them with an income statement or payment summary even if you have not paid them salary or wages.

    Example

    Pieter and his employer, ABC Pty Ltd, have agreed to an arrangement under which ABC contributes $1,200 per month to Pieter’s super fund. Of this amount, $725 is a salary sacrificed amount and $475 is the compulsory super guarantee payment.

    For the 2015–16 income year, ABC makes its employer contributions to Pieter's super fund on the 28th day after the end of the month in which the sacrificed income was withheld. This means the last payment (for the month of June) is made on 28 July 2016.

    Reportable employer super contributions are reported for the year they accrued, not the year they were paid, so all of the 2015–16 contributions are included (even though the last contribution was actually paid in the 2016–17 financial year).

    At the end of the income year, ABC includes $8,700 on Pieter’s payment summary as reportable employer super contributions:

    Employer contributions ($1,200 × 12)

    $14,400

    Less Pieter’s super guarantee entitlement ($475 × 12)

    −$5,700

    Reportable employer super contributions

    $8,700

    The super guarantee amount of $5,700 is not included anywhere on the payment summary.

    End of example

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      Last modified: 29 Oct 2019QC 21716