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Bonus into super account

Newbie

Views 90

Replies 1

We have an employee that will receive an annual bonus and would like it paid into their super fund instead of their bank account. Can you please tell me the best way to process this. Is this reportable super? Should there be a seperate super code set up for this etc? Any advice on this would be appreciated. Thanks

1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

Devotee

Replies 0

Yes, it is RESC. It is essentially salary sacrifice super and should be processed in your payroll software that way

1 REPLY 1

Most helpful response

Devotee

Replies 0

Yes, it is RESC. It is essentially salary sacrifice super and should be processed in your payroll software that way