Employee choices

If you can choose for your employer to make contributions to your super fund above their compulsory contributions, the extra amounts are reportable employer super contributions.

Example 8

During the 2014–15 income year, Bertil’s employer must make super contributions for him equal to 9.5% of his salary. Bertil can choose to have his employer contribute between 1% and 5% extra from his pre-tax income to his super fund.

Bertil completes an electronic form for his employer to contribute an extra 5%. The extra 5% is a reportable employer super contribution that Bertil’s employer must report on his payment summary.

End of example
    Last modified: 01 Sep 2016QC 22119