Institute of Certified Bookkeepers
First Previous - Page 1 of 1 - Next Last


  • Affiliate
  • 3 posts
  • # 119177


I attended the recent webinar which was really helpful. Just one question I need clarified regarding ensure Sal sacrifice is deducted from W1.

my myob payroll activity summary shows w1, Sal sac, payg and super in sep columns so Sal sacrifice is not included in the W1 total.  From the webinar notes (pg35) it appears I need to subtract the Sal sac figure from W1 again on my BAS ??

with thanks 

karen t

Edited at 26 Oct 2020 10:11 PM GMT

  • 34 posts
  • # 119272

PAYG tax withheld is the amount you withhold from payments to employees, contractors and company directors. You may also need to withhold from payments to other businesses if they don't quote their Australian business number (ABN) to you.

First Previous - Page 1 of 1 - Next Last