1.1.R.80 Reportable superannuation contributions
Definition
A parent's (1.1.P.10) reportable superannuation contributions are included in the calculation of their ATI (1.1.A.20).
The amount includes:
- superannuation contributions that reduce the parent's taxable income (1.1.T.20) (for example, salary sacrificed superannuation contributions)
- other contributions the employer makes to a super fund on behalf of the parent, (that are in addition to the minimum contributions the employer must make)
- any personal deductible contributions made to a super fund which are claimed as an income tax deduction on the parent's tax return.
Compulsory superannuation contributions from after-tax income are not reportable.