Treasury Laws Amendment (2018 Measures No. 4) Act 2019 (8 of 2019)
Schedule 3 Single touch payroll reporting
Part 2 Reporting of salary sacrifice amounts
Taxation Administration Act 1953
14 Subsection 389-5(1) in Schedule 1 (table item 2)
Repeal the item, substitute:
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2 |
An amount that consists of either or both of the following: (a) an amount (other than an amount covered by item 1) paid, on a particular day, by the entity that constitutes the ordinary time earnings (within the meaning of the Superannuation Guarantee (Administration) Act 1992) of an individual who is the entity's employee (within the meaning of that Act but disregarding subsection 12(3) of that Act); (b) a sacrificed ordinary time earnings amount (within the meaning of that Act) of such an employee of the entity, in respect of the entity, that would be paid as ordinary time earnings on a particular day if it was not sacrificed |
the day on which the amount is paid, or would be paid, as mentioned in column 1. |
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2A |
An amount that consists of either or both of the following: (a) an amount (other than an amount covered by item 1) paid, on a particular day, by the entity that constitutes the salary or wages (within the meaning of the Superannuation Guarantee (Administration) Act 1992) of an individual who is the entity's employee (within the meaning of that Act but disregarding subsection 12(3) of that Act); (b) a sacrificed salary or wages amount (within the meaning of that Act) of such an employee of the entity, in respect of the entity, that would be paid as salary or wages on a particular day if it was not sacrificed |
the day on which the amount is paid, or would be paid, as mentioned in column 1. |