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Reportable Superannuation changes to Payment Summaries
Are you aware of the changes to payment summary procedure this year?
For the 2010 payroll year – that’s July 2009 to June 2010, the ATO will require additional information. The key term that has been introduced with this legislation is reportable superannuation. The simplest definition of this would be any superannuation paid that satisfies the following criteria:
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Categories: The Business of Bookkeeping, Really Useful Software Training Tips
Tags: Legislation, Superannuation