Re: Deductions from wges packet ?
 

Hi, I think it depends on if the amount they offered was a 'package' (they deduct super from that) or just an amount + percent super and then it will be paid on top.

Some employers advertise the package as it looks better

Re: Deductions from wges packet ?
 

That's right....and whatever way the employer spins it your "real" salary is the amount not including the super. The super is always an employee payment above and beyond your salary.

Re: Deductions from wges packet ?
 

Hi, in my case, they did not advertise or offer the job as a package, the offer letter gave my gross FTE (full time equivalent) salary, of which I should have been paid 3/5, but I received 3/5 less 9% they took off for super which they should have contributed on top of the salary. I didn't receive any payslips for about 3 months and they were very hard to follow (I was returning to the workforce for the first time in over 10 years and finances are not my strong point:o).

By the time I realised that I'd been ripped off, I was half-way through my contract and knew that it wasn't a place I wanted to stay. They also tried to make me take time off in lieu instead of being paid for all the hours of overtime I'd worked at their request. I was literally counting down the number of working days I had left - what a relief when it was all over:thumbsup:.

Re: Deductions from wges packet ?
 

You will be taxed as if you are earning that amount every week. You will be able to claim some of the tax back at the end of the financial year.

for example.

as a casual employee you earn $1000 a week for 3 weeks, you would pay tax in the $35K to $80K bracket. If you only worked for 28 weeks during that financial year and earnt $28K, when you submit your tax return you would get approx half of the tax you paid during that year back. Hope this makes sense.

Barney:thumbup:

Re: Deductions from wges packet ?
 

Cool, a nice wee sum due back to me later this year then, tis money in the bank and all that!

Re: Deductions from wges packet ?
 

Come tax-time, the payslips will not be sufficient. You will need your PAYG Payment Summary, which your ex-employer should send you by the middle of July.

If this is the kind of employer who can't be bothered sending fomer contract staff the proper paperwork, you can do a statutory declaration - see attached.

Re: Deductions from wges packet ?
 

Just a note - QSuper now accepts non-government employees super contributions (but I think they do have to be ex-employees). Might help someone!

Also, great calculator on their website to determine take home pay (with or without salary sacrifice).

Cheers.

Re: Deductions from wges packet ?
 

Thanks for that, I'm sure I'll need to complete when the time comes.

Re: Deductions from wges packet ?
 

They should read the ATO page
Did they work out the tax on the same gross figure as they did the Super ?

If your gross was say $10,000 (for ease of calculations)
They should pay their $900 (9%) for your super and work tax out on the $10,000, and give you the $10,000 - tax.

If they upped the gross to include super, then the gross should have been $10,989 with $989 (9%) deducted for super, BUT only taxed on the remaining $10,000.

However, IF they quoted $10,989 as gross on a payslip, then they, by law, must pay 9% of that into super, and give you the $10,989 less tax.

Yours may look interesting. Some employers stuff up, either accidentally or intentionally.

Re: Deductions from wges packet ?
 

ABCD, you're getting too technical for me (I'm no good at figuring out numbers, sorry about the unintended pun). The employment offer said:
Gross (FTE) $65,400
Gross (TEC @ 45 hours) annual $39,240, fortnightly $1,509.23
Employer superannuation 9%, annual $3,240, fortnighly $124.61
Base salary, annual $36,000, fortnightly $1,384.62

The fortnightly payslips say:
Pay $1,384.61
Super 9% $124.61
Tax deduction -$188.00
Total pay $1,196.61

Can you see how a numerically-challenged person who hadn't worked for 12 years, couldn't make sense out of this:o? Plus, it was about 3 months before I got a payslip.

Re: Deductions from wges packet ?
 

It looks legal what they have done.

What you MUST look at in a job offer/ad is the base salary

Yours is $36,000 with the 9% on top to bring to $39,240($3240 super)

Your payslip has 1384.61 which *26 is roughly $36,000

Minus the tax portion of $188 to $1196.61

Your super of 9% is then a separate amount as a credit of $124.61 which *26 is roughly $3240.

It all looks perfectly legitimate. You need to look at the base salary to see what you are actually getting paid.

Re: Deductions from wges packet ?
 

Yes, I can see how easy they can make it confuse.

They should have made the payslip slip like this: (it says the same but looks different)

It appears the full time Equiv is $60,000 + super

The Job offer would have been better shown as;

Re: Deductions from wges packet ?
 

That is great...thanks very much....have been waiting years for that to happen :thumbsup:

Re: Deductions from wges packet ?
 

Yes, it was confusing when they put Gross (FTE) as $65,400, as I was expecting 3/5 of that. The job was offered to me over the phone at that salary, and I had already been in the job for a week before I got the offer letter.

I promise to do better next time, if I ever work for anyone again. I aim to have my own small consultancy, but no doubt that would bring its own headaches:unsure:.