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Employer S.G.C. |
Employer Superannuation Guarantee Contribution (SGC) is the compulsory employer superannuation that must be paid for each employee. |
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Employer Optional |
This is used for any additional contributions the employer may make on behalf of the employee. |
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Spouse Contribution |
This is used for contributions from the employee's net pay to their spouse's superannuation fund. |
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Salary Sacrifice |
Superannuation contributions that employees makes to their own superannuation fund. It reduces the employee's gross wage and tax. S.G.C. is then calculated on the reduced gross (depending on Super Preferences selected). |
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Employer Negative |
Employers who have made an overpayment can use this to receive part of the overpayment back. Please check with your superannuation fund for specific details. |
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Employee Negative. |
As above, the employee can use this to receive part of an overpayment made by them. |
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Employee Optional |
This is used for contributions from the employee's net pay. The contribution amount is taken out after tax has been paid. |
