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Payday Super & Qualifying Earnings

From 1 July, under Payday Super, super will be calculated on qualifying earnings (QE).
As an employer, you currently calculate and pay super on your employees’ ordinary time earnings.
However, from 1 July, you’ll need to calculate it on their qualifying earnings, or ‘QE’ for short.For many employers, this won’t change how much super you currently pay to your employees, but you’ll have to report QE and super liability in Single Touch Payroll.

Source: Australian Taxation Office

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