Thread: Covid 19 -
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Old 02-10-2020, 01:31 AM   #6755
BENT_8
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Default Re: Covid 19 -

Quote:
Originally Posted by Romulus View Post
Your employer isn't required to pay your superannuation contributions either if you're being paid the $750 or less per week. If your wages were greater than $750p/w, and job keeper was used as a top up or subsidy, then your employer has to pay your superannuation. Chances are, you're employer is also getting the cash boost grants and has had a 6 month holiday paying IAS. Some businesses have actually benefited from this program.
Not quite.
The employer still pays the super contribution for the pay earnt for the actual hours worked, so if I did 20hrs @ $27hr then the employer only pays super on $540, then i'd be topped up by $210 to $750 gross, that $210 is super exempt.
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