Superannuation

SuperStream enables a simpler Super setup in HR and GTX. Below is a comparison of the superannuation setup required in Marlin HR and Marlin GTX before and after the introduction of SuperStream in 2014. The new SuperStream setup is much simpler t...

This page will show you how to create a new Superannuation Fund in Marlin HR and how to apply it to an employee. Creating the Fund From the menu, select System > Superannuation Funds. Click on the Add icon. Enter the Super Fund Name. ...

Does the minimum threshold still apply? No. Legislation changed and the requirement for an employee to receive $450 in a calendar month to be eligible for superannuation was removed. Employees aged 18 years or over are entitled to superannuation...

How salary sacrifices to superannuation work If an employee's salary sacrifices to superannuation are missing on the Superannuation Report, it is almost certainly because you have selected the wrong account in the Liability Account field on the Ded...

Also referred to as the 'Statutory' or 'Compulsory' rate, the Superannuation Guarantee Rate (SGR) is the legislated minimum superannuation contribution rate that employers must pay on behalf of their employees. The rate is calculated on each eligi...

According to the ATO, reportable employer super contributions are contributions you make for an employee where both of the following apply: Your employee influences the rate or amount of super you contribute for them. The contributions are add...

An employee may elect to make a contribution to their superannuation from their Before Tax pay (known as a Salary Sacrifice) or from their After Tax pay. Before Tax contributions are deducted from the employee's GROSS earnings thus reducing their ...

Rather than draw a salary during the tax year, Directors will sometimes make a lump sum payment from the business into their superannuation fund at the end of the tax year. This amount is deemed "reportable superannuation" by the ATO and must ther...

SuperStream is a government initiative introduced in 2015 that aims to improve the productivity of the superannuation system. It implements a mandatory data and payment standard that will provide a uniform approach for how super funds and employer...

When a pay run is finalised in Marlin HR, each employee's Superannuation details (Amount, Rate, Fund, Member No. etc) are stored against that pay run. These details are retrieved and displayed whenever you print a Pay Advice or Superannuation Repo...

A stapled super fund is an existing super account linked, or 'stapled', to an individual employee so it follows them as they change jobs. This aims to reduce account fees and avoids new super accounts being opened every time an employee starts a n...