Income Account Payment Calculator. Ordinary Time Earnings includes earnings for: ordinary hours of work; over-award payments, shift loading, commissions and bonuses; payments for leave taken. There are more ways than one to boost your super savings, which you could start doing at any time. employer login Register For Employer Online. When you offer your employee a choice of super fund, you must tell them the name of the fund you will pay their super to if they don't choose a fund.You provide this information to your employees by completing section B of the Standard choice form listed below. Did you know, contributions made into your super don’t have to stop there? CPF e-Submit@web is reliable, easy to use and it saves time! Topics. Member login . You can use the Australian Tax Office's (ATO) SG calculator to work out the amount to pay for your employee’s super fund. New superannuation law that could impact the way you calculate super guarantee contributions 9 December 2019 . Need help? Use the Super-savings fee calculator ; Use the Income account fee calculator ; Insurance calculators . Get free access to them here. To use ASIC’s Super Contributions Optimiser, simply enter the necessary information about your age, income and super contributions.The calculator assumes your employer contributes an amount equal to 9.5% of your ordinary times earnings (OTE) into your super account, but if your employer contributes more than the required SG minimum, simply increase the percentage amount. If you’re looking for a super fund suited to you and your personal circumstances, you can compare a range of providers and funds with Canstar. Employer superannuation contribution tax (ESCT) is the tax you take off the cash contributions to make to employee's superannuation accounts, including KiwiSaver. Insurance Premium Estimator. Time needed. EPSC rates that apply from pay 1 (1 July 2020) of 2020/21 are below. Generally speaking, if you earn over $450 a month, your employer should be putting no less than 9.5% of your before-tax salary into your super under the Superannuation Guarantee scheme. Employer National Insurance Contributions. The calculator assumes that these employer contributions will increase to the extent required to meet the employer's SG obligations under government legislation. Your estimated future balance is based on your current super savings, future contributions and an estimate of investment return over time. The default employer contribution of 9.5% has been reduced because of the limitation of the maximum superannuation contribution base. Show less. These compulsory contributions are called Superannuation Guarantee (SG) contributions and they are usually part of your salary package. For most people superannuation begins when you start work and your employer starts paying super for you - these payments are known as super guarantee contributions or concessional contributions. The calculator is intended to provide estimates only about the impact making pre-tax and post-tax contributions could make to your super. At max, your super is online 24-7, so you can check your employer contributions any time.It’s a great way to stay on top of your super. Follow these steps to make sure you cover all the must-dos. If you are an employer, CPF e-Submit@web auto-computes your employee's CPF contributions. Employer Productivity Superannuation Contribution (EPSC) rates help calculate your fortnightly funded employer contributions. Even 2 percent more from your pay could make a big difference. You may also like to try our Salary Sacrifice Calculator or / and Dividend Tax Calculator. Work out how long your retirement savings could last, based on the level of income you receive. The lowest contribution is the lowest amount contributed by members like you in the last financial year. There's a super calculator for that. Explore whether making before-tax or after-tax contributions will give your super a bigger boost. You do not have to use this calculator. Types of before-tax contributions include: Employer contributions, such as compulsory employer contributions and salary sacrifice payments made to your super fund; Contributions that you are allowed as an income tax deduction Need to calculate how much super you should be getting from your employer? Tax is deducted under the PAYE rules. It does not include lump sum contributions. There's a free super calculator for that. Employees can choose their own superannuation fund or retirement savings account. 11 October 2018. Read More. This form may take 1 minute to complete. make post-tax contributions to your super via cheque, complete a Member and Spouse Contribution form; make post-tax contributions via BPAY. 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