Attachment A Copy of a submission made in 2013 COSBOA Super paid via Tax A goal of COSBOA is to simplify superannuation payments for employers by incorporating them into one tax payment made with each Business Activity Statement (BAS). During the “Simple Super” negotiations COSBOA proposed that Superannuation payments were much simpler for Employers if they didn’t have to pay them separately but incorporated them into employee PAYG tax payments. With the payment of super via the tax office now seriously being considered by the current Opposition (and potentially the alternate government) it is timely to re-visit the COSBOA proposal with further comment.
Attachment A Copy of a submission made in 2013 COSBOA Super paid via Tax A goal of COSBOA is to simplify superannuation payments for employers by incorporating them into one tax payment made with each Business Activity Statement (BAS). During the “Simple Super” negotiations COSBOA proposed that Superannuation payments were much simpler for Employers if they didn’t have to pay them separately but incorporated them into employee PAYG tax payments. With the payment of super via the tax office now seriously being considered by the current Opposition (and potentially the alternate government) it is timely to re-visit the COSBOA proposal with further comment.
subdr203-superannuation-assessment-attachment.docx