It's July 2021 and a business is paying its one employee $72,000 gross wages per annum wage,

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It's July 2021 and a business is paying its one employee $72,000 gross wages per annum wage, plus superannuation. The owner is not yet drawing any salary or super. The business expenses for the month of July show the amount of superannuation paid was $750. How much of this could be used as an addback by the business? Tip: You need to know the SG rate in July 2021

Posted Date: May 18, 2024 04:00 PM

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It's July 2021 and a business is paying its one employee $72,000 gross wages per annum wage,

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