The information on Payday Super released so far only mentions flags on PTA to include or exclude an amount from Qualifying Earnings. Where employers are managing fringe benefits such as novated leases using pre tax deductions via PTD, is there a way to continue to pay the super on this amount (employer preference but not required under the super legislation) whilst excluding the value from the Qualifying earnings (because Fringe benefits are excluded under super legislation).
Reason for Suggestion
Many employers manage fringe benefits as a pre tax deduction
Expected Benefits
If no option available methodology and configuration of the FB will need to be changed
Related topics
Where is the Pay Day Super - STO2 Template
Will the ATO accept a QE enabled STP file for this pay period if it is submitted before 1 July?
Can we pay Superchoice via an EFT file.
We are moving from the QuickSuper portal to the new Australian Super portal. Currently we load up one file that covers 3 companies.
The information on Payday Super released so far only mentions flags on PTA to include or exclude an amount from Qualifying Earnings.
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