Treasury Laws Amendment (Payday Superannuation) Act 2025 (57 of 2025)

Schedule 1   Amendments

Part 2   Consequential amendments of other Acts

Income Tax Assessment Act 1997

82   Subsection 85-25(4)

Repeal the subsection (including the note), substitute:

(4) To work out the amount you would have to contribute under subsection (3), assume under the Superannuation Guarantee (Administration) Act 1992 that your payments of qualifying earnings (within the meaning of that Act) to the associate do not include any amounts that section 85-10 or 85-20 of this Act would prevent you from deducting.

Note: See paragraph 85-10(2)(e) for deductions relating to employment of associates.