• Business Definition

• DataPay Setup

  • Superannuation Salary Sacrifice

  • Other Employee Benefits Salary Sacrifice

  • After Tax Salary Sacrifice (not reported)

Business Definition

Changes to superannuation guarantee law from 1 January 2020 meant salary sacrifice contributions could no longer:

• be used to reduce ordinary time earnings - an effective salary sacrifice arrangement, entered into before the work is performed, where contributions are paid to a complying fund, where the sacrificed salary is permanently foregone.

• count towards your minimum superannuation guarantee obligations.

Employers need to report salary sacrificed amounts in STP report, making it easier for your employees to understand their superannuation entitlements when looking at their income statement.

When reporting salary sacrifice, there are two new fields:

• Superannuation ( S )

• Other employee benefits ( O )

This means employers will also need to start including employees who sacrifice 100% of their payments in your STP report.

DataPay Setup

Superannuation Salary Sacrifice

Salary sacrifice components that output the Click Super Salary Sacrifice attribute will be reported as superannuation salary sacrifice (S)

Open

Other Employee Benefits Salary Sacrifice

Any other salary sacrifice that does not output the Click Super Salary Sacrifice attribute and does not take in Superable Earnings attribute will be reported under Other Employee Benefits (O).

Open

Additional notes: other employee benefits salary sacrifice values are identified via the Salary Sacrifice output from the summary pay component, which is derived the from the Salary Sacrifice attribute.

After Tax Salary Sacrifice (not reported)

After tax salary sacrifice is not reported under STP. They can be identified as a salary sacrifice component that takes in Employer Contribution and Superable Earnings as input attributes.