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CKIU(Initiate)Initiate
7 June 2021

We have a client, who runs a PSI dental company. If he would like to contribute additional superannuation as RESC, would the additional super "RESC" be treated as entity maintenance expenses or PSI attributable expenses? Note that the company pays him a wage (which is PSI attributable wage) and 9.5% SGC for the wages in 2021 year.

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843 views
2 replies

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Most helpful replyATO Certified Response

CaroATO(Community Support)Community Support
ATO Certified Response9 June 2021

Hi @CKIU,

I enjoyed researching your question.

Under PSI rules super contributions that benefit the individual can be claimed as an allowable deduction.

All the best.

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