If my clients only income in the tax year was paid parental leave, are they still eligible for the Government Co-Contribution to Super according to the 10% rule?
Does the answer differ if leave is paid by Government, or by Employer?
Hi @ Stretch76,
The income source eligible for Government Co-Contribution can only come from Employment or Business income. Even if your clients employer is making the Paid Parental leave payment, because the income source is from a government benefit it does not qualify for Co-Contribution.
Links
Co-Contribution 10% eligible income test
Hi @ Stretch76,
The income source eligible for Government Co-Contribution can only come from Employment or Business income. Even if your clients employer is making the Paid Parental leave payment, because the income source is from a government benefit it does not qualify for Co-Contribution.
Links
Co-Contribution 10% eligible income test
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