If an employee has reached the maximum quarterly superannuation cap then employer needs to pay their superannution on gross amount or employer can skip, please confirm
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Hiya @GGold 👋
OTE is capped at the quarterly Maximum Contribution Base, as per the ATO guidance.
That is, if their OTE for the quarter exceeds the MCB, you need only calculate SG on the MCB, as per the SGAA 1992. You may have additional super obligations under industrial instruments.
Deanne
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