In the Income statements and payment summaries section of your tax return, there is a section called 'Gross Payments'.
Should this section include the amount your employer paid into your super under the super guarantee, or should it exclude this amount?
So for example:
- Base salary: $100,000
- 10.5% super of $10,500
- Total salary including super $115,000
Should the gross payment amount be $100,000, or $115,000?
(I am aware that any additional amounts salary sacrificed into super are not included in the gross payment and are instead included in the Reportable employer superannuation contributions section)