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Calculating super

Getting the super amount right starts with the right earnings. This module works through exactly how employer super is calculated — the ordinary time earnings base, which payments count and which don't (overtime, bonuses, allowances, leave and termination pay), salary sacrifice, the maximum contribution base, worked examples, and how to check your figures.

General information only — not tax, super or financial advice.

Lessons

  1. Ordinary time earnings (OTE)
  2. What earnings attract super?
  3. Overtime and super
  4. Bonuses and commissions
  5. Allowances
  6. Leave payments
  7. Termination payments
  8. Salary sacrifice and super
  9. Maximum contribution base
  10. Super calculation examples
  11. Common calculation mistakes
  12. Checking your calculations

Start with lesson 1