Hi, this might be a bit silly but I wanted to double check.
On my tax return, the "taxable income" that is automatically reported seems to include superannuation (from the super guarantee).
Does this mean my employer made a mistake and I should re-calculate my taxable income minus the super? Because if I calculate from the wages paid into my bank account, it is far less.
Should I also be including or excluding the taxes withheld/PAYG shown on my payslips or just the total cash I have received into my account?
There is no additional income apart from my employer, nor benefits/payments or other super contributions.
Thank you
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11,616 views
1 replies