Incorrect amounts at reportable employer super contributions on payment summaries
09 Aug 2010
In a broadcast message sent to tax agents on 5 August 2010, the ATO advised what a lot of Members have already been telling TAXVINE, namely, that some employers have been incorrectly including compulsory super amounts as reportable employer super contributions on their employees’ payment summaries for the 2009–10 income year.
The ATO says that if any individual clients have compulsory super amounts incorrectly included on their payment summaries, agents should advise them to notify their employer to provide them with an amended payment summary.
If this is not practical, and agents are confident the reportable employer superannuation contribution amount is wrong, they may include the correct amount in their client’s return. If they do this, they should ask their client to advise their employer to provide them with an amended payment summary for their records.
If agents have clients who have issued payment summaries to their employees that incorrectly include compulsory super amounts, they should contact them, so the clients can notify any affected employees about the error and issue them with amended payment summaries.
If these employers have already lodged their payment summary annual report with the ATO, they will need to lodge an amended annual report.
If employers need to issue amended payment summaries on paper, the ATO has increased the number of paper payment summaries that they can order using the electronic ordering service at the ATO's online ordering page to make this process easier. The limit is now 500 per order.