Paying workers

Super contributions for employees

You must keep records that adequately explain your super transactions for your employees. Even if you use a clearing house to distribute super to your employees' funds, you're still responsible for keeping adequate records of super guarantee payments.

Information your records need to show	Examples of types of records
How you worked out the amount of super you contributed for each employee. Factors that affect the amount of super you must contribute, such as advice you’ve received from trustees about the funds to which you contribute. Salary sacrifice amounts, including information about how they're calculated and employee's choice.	Bank statement showing payment to a super fund, Retirement Savings Account (RSA) or super clearing house. Confirmation from a SuperStream compliant payroll system, super fund online system or super clearing house showing a successful payment. Receipts or other documents issued by super funds showing that you have made super contributions for employees to their chosen fund. Contribution receipts showing the date, contribution period, amount, fund and member account number for each employee. Documents that can show how you worked out the amount of super paid for each employee. Documents required to work out the super guarantee shortfall for an employee for a quarter.

Information your records need to show

Examples of types of records

How you worked out the amount of super you contributed for each employee.
Factors that affect the amount of super you must contribute, such as advice you’ve received from trustees about the funds to which you contribute.
Salary sacrifice amounts, including information about how they're calculated and employee's choice.

Bank statement showing payment to a super fund, Retirement Savings Account (RSA) or super clearing house.
Confirmation from a SuperStream compliant payroll system, super fund online system or super clearing house showing a successful payment.
Receipts or other documents issued by super funds showing that you have made super contributions for employees to their chosen fund.
Contribution receipts showing the date, contribution period, amount, fund and member account number for each employee.
Documents that can show how you worked out the amount of super paid for each employee.
Documents required to work out the super guarantee shortfall for an employee for a quarter.

How long to keep super contribution records

You need to keep super contributions records for 5 years from the date of the contribution.

5 mins

Employer obligations	0%
Awards and employment agreements	0%
Payment requirements	0%
Pay slips	0%
Minimum wage and National Employment Standards	0%
Calculating correct amounts to pay employees	0%
State and territory payroll tax	0%
Activity	0%

Withholding amounts for workers

4 mins

Withholding amounts	0%
Using the tax withheld calculator	0%
Using tax tables	0%
Specific tax withholding rates	0%
Activity	0%

Paying superannuation contributions

3 mins

The super guarantee	0%
Who is eligible for super?	0%
Minimum super contribution and percentage rate rise	0%
Where to pay super	0%
How to pay super (SuperStream)	0%
Activity	0%

Single Touch Payroll overview

3 mins

What is Single Touch Payroll (STP)?	0%
Annual report requirements	0%
Activity	0%

Reporting payments to contractors

3 mins

Specific reporting requirement when paying contractors	0%
TPAR example	0%
Who reports the taxable payment?	0%
Activity	0%

Fringe benefits overview

3 mins

Benefits provided to employees	0%
Types of fringe benefits	0%
FBT obligations	0%
Fringe benefits tax – a guide for employers	0%
Activity	0%

Employee records

7 mins

Payments made to employees	0%
Super contributions for employees	0%
Super fund choice records	0%
Pay as you go (PAYG) withholding records	0%
Fringe benefits tax records	0%

Related courses

1 mins

Related courses	0%

Course feedback

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