Mid-Year IR Update 2018

Posted On: Wednesday, July 04, 2018

Mid-Year Industrial Relations Update July 2018

Increase in Award Wages

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Superannuation question

Posted On: Friday, March 23, 2018

Question:

 

We have a client that has a trust with a corporate trustee.

The business is a family business, with father and son and their spouses working in the business.

The father is 76. He works in the business, full time, and gets a wage.

I believe the employer can only claim a deduction for superannuation up to 9.5% (SGC). The amount that is salary sacrificed is not deductible to the employer.

Is this correct?

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