Hi all,
I've had many unpaid internships and work experiences in the past but I landed my first actual paid job a couple of months ago.
The question I have is that super contribution from my employer has had tax taken out of it, even though I've already paid tax on my payslip. Is this normal?
Also their contribution does not match what it shows on my payslip or ato website. It is barely half. I tried to ask HR but they said that they couldn't answer any tax related questions and I don't have anyone else that I can ask regarding this. And btw they are not a small company or anything so I don't think that this is a clerical etc. error.
I would really appreciate it if someone could update me on if this is the norm or not. Thank you so much
I work in Super.
Your super contributions should not be taxed at the employer level, only pre-taxed monies go into your Super fund where it is then taxed (at 15%) upon entry into your account.
Very few employers would get this wrong or cheat as it is a requirement to report such numbers and the penalties are very heavy for those caught cheating the system (gov wants full confidence in the Super system).
Could you be mis-reading the data? perhaps the date range is not matching per payslip and website?