Salary sacrifice super form template 2025

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You need to be an employee to salary sacrifice. If youre a contractor or self-employed, you could still make extra payments to your super and then claim a tax deduction if you meet the criteria.
If your employee had an effective salary sacrifice arrangement, you previously reported post-sacrifice amounts to us. This changes as part of STP Phase 2. You now need to report the salary sacrifice amounts and separately include the pre-sacrificed income amounts in your STP report.
Because sacrificed amounts will no longer be counted towards employer contributions, if an employer has not fulfilled their super guarantee obligation and is required to lodge a super guarantee charge statement, the amount of super owing, (and any charges and penalties), will be calculated exclusive of any salary
The main difference is in how the contributions are taxed. Salary sacrificing involves pre-tax contributions, which can lower your taxable income, while personal contributions are made from your after-tax income and may be eligible for a tax deduction.
If you decide to sacrifice some of your salary into your super account, you make an agreement with your employer for them to pay some of your pre-tax salary straight into your super fund, rather than into your bank account with the rest of your salary where it will be subject to tax.
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People also ask

The SGC includes: the SG shortfall, made up of. SG calculated on salary and wages (including any overtime) nominal interest of 10% per annum (accrues from the start of the relevant quarter). an administration fee of $20 per employee, per quarter.
Salary sacrifice contributions are included in the concessional (before-tax) contributions cap, along with the super contributions your employer makes for you and after-tax contributions you claim a tax deduction for. This cap for financial year 2024-25 is $30,000.

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