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RD 67: Calculating amounts of tax for employer’s superannuation cash contributions
or “How to work out tax on employer superannuation payments”
You could also call this:

“How to calculate tax on super contributions when rates or thresholds change”

When the government changes the rates or thresholds that affect how much tax you pay on your employer’s superannuation cash contribution, you need to know how to figure out the right amount of tax. Here’s how you do it:

If the contribution is linked to a specific PAYE income payment, you use the tax rate that applies on the day you get paid or when the law says you’re treated as being paid.

If the contribution isn’t tied to a specific PAYE income payment, you use the tax rate that applies on the day the contribution is paid.

This rule helps you make sure you’re using the correct tax rate, even if the rates have recently changed.

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Next up: RD 68: Choosing to have amount treated as salary or wages

or “You can choose to have your employer's superannuation contributions treated as salary”
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Part R General collection rules
Employment-related taxes: Calculating amounts of tax

RD 67BCalculating amounts of tax following changes to rates or thresholds

  1. When a change occurs to a rate or threshold in this Act or the Tax Administration Act 1994 affecting the amount of tax for an employer’s superannuation cash contribution, the calculation of the amount of tax must be made using the rate applying on—

  2. the day on which the PAYE income payment to which the contribution relates is paid or is otherwise under this Act treated as paid; or
    1. for a contribution that is not tied to a particular PAYE income payment, the day on which the contribution is paid.

      Notes
      • Section RD 67B: inserted, on , by section 217 of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 (2018 No 5).