In the tax year of 2015-2016 Employers have to pay 9.5% superannuation when an employee is paid $450 or more before tax in a month and is over 18 years, or under 18 years and works over 30 hours a week. This is called the superannuation guarantee and applies to full-time and part-time employees and some casual employees.
Fields in Pay Superannuation List
1.Reference No: This is the auto assigned Reference No. for each Pay Superannuation.
2.Date: This is the date that Pay Superannuation was made.
3.Amount: This is the total Amount for this Pay Superannuation transaction.
4.New Pay Superannuation: User can generate new pay superannuation through this button.
5.Action: Delete Pay Superannuation is the only function under Action as Pay Superannuation can be deleted but not modified.
6.Exit: It would be led back to Dashboard by clicking Exit.